Representatives of Japanese businesses led by Nakagaki Yoshihiko, Vice President of the International Friendship Exchange Council of Japan, visited the southern province of Binh Duong to explore its socio-economic situation and seek investment opportunities.
At a November 25 meeting with the provincial People’s Committee, the Japanese side raised questions on the locality’s economic structure, each sector’s contributions to the province’s GDP , power supply, as well as its future development orientations.
Le Thanh Cung, Vice Chairman of the Binh Duong People’s Committee, made it clear that the province hopes to attract investment in electrical-electronic industry, precise mechanical engineering, chemicals, supporting industries, medical equipment and high-quality food processing.
The locality plans to zone out 4,000 hectares of “clean” land for investment projects, especially FDI ones, he said.
Binh Duong expects to register a growth rate of 12.8 percent this year with export revenue to exceed 14.4 billion USD.
The locality has attracted over 1.2 billion USD in foreign direct investment (FDI), raising the total number of projects to 2,206 with total capital of 18.6 billion USD.
Japanese businesses have, to date, invested in 204 projects worth 4.2 billion USD.
Earlier, the Japanese delegation visited the Investment and Industrial Development Corporation (Becamex IDC Corp.) in Binh Duong.-VNA
At a November 25 meeting with the provincial People’s Committee, the Japanese side raised questions on the locality’s economic structure, each sector’s contributions to the province’s GDP , power supply, as well as its future development orientations.
Le Thanh Cung, Vice Chairman of the Binh Duong People’s Committee, made it clear that the province hopes to attract investment in electrical-electronic industry, precise mechanical engineering, chemicals, supporting industries, medical equipment and high-quality food processing.
The locality plans to zone out 4,000 hectares of “clean” land for investment projects, especially FDI ones, he said.
Binh Duong expects to register a growth rate of 12.8 percent this year with export revenue to exceed 14.4 billion USD.
The locality has attracted over 1.2 billion USD in foreign direct investment (FDI), raising the total number of projects to 2,206 with total capital of 18.6 billion USD.
Japanese businesses have, to date, invested in 204 projects worth 4.2 billion USD.
Earlier, the Japanese delegation visited the Investment and Industrial Development Corporation (Becamex IDC Corp.) in Binh Duong.-VNA
