Chairman of the Ha Nam People’s Committee Nguyen Xuan Dong (R) and Governor of Hyogo Prefecture Toshizo Ido (Photo: VNA)

Ha Nam (VNA) – Many firms in Japan’s Hyogo Prefecture want to invest in Ha Nam for its favorable business climate, and investment incentives designed exclusively for Hyogo, said governor Toshizo Ido.

The Hyogo official shared the information when visiting the northern province of Ha Nam and meeting with local authorities on November 1.

At the function, Nguyen Xuan Dong, Chairman of the Ha Nam People’s Committee, said his province considers Japan a top partner in cooperation and investment attraction.

Ha Nam has earmarked the Dong Van III industrial park, which has a favorable location and well-built infrastructure, for Japanese investors, he added.

To date, the province houses more than 70 Japanese-invested projects worth over 800 million USD, with seven from Hyogo investors.

Dong said Ha Nam values the friendship it has with Hyogo and other Japanese localities and expects the Hyogo delegation’s visit will help boost mutual understanding and trust between the sides.

The official said he expects the Japanese governor to continue introducing local investors to Ha Nam and directing relevant agencies to deepen the bilateral relations.

For his part, Toshizo Ido said that Ha Nam and Hyogo inked a cooperation pact in 2016 and that his current visit aims at strengthening the bilateral partnership in trade and investment.

After the meeting, the delegation toured a number of Japanese companies operating in the Dong Van II and III industrial parks.

Hyogo Prefecture located in the south of Japan has strengths in manufacturing, medical equipment and medicine, and heavy industries like ship building and electricity. It is home to a large number of overseas Vietnamese.-VNA