Shinri Sato, Director of the Suido Kiko Khaisha Company, made a fact-finding tour to the northern province of Ha Nam on April 16 to explore investment opportunities in the locality.

According to Sato, the Toray Group – a leading interdisciplinary Japanese collective of which his company is a member - currently has 30 subsidiaries in Japan and 60 others abroad, but none of them have operated any project in Vietnam .

As Ha Nam has offered attractive policies and incentives, the firm hopes to be the first to start projects Ha Nam and wider Vietnam , he said.

Sato noted that the chairman of the Toray Group is also in charge of the Japanese Business Federation (Keidaren), and as such the group can help Ha Nam foster cooperation with many Japanese enterprises and localities.

Chairman of the Ha Nam People’s Committee Mai Tien Dung pledged that the province is ready to support Japanese investment projects.

Ha Nam has designed and strictly implemented 10 commitments to foreign investors, including supplying an adequate infrastructure system, human resources, healthcare services and a hotline between enterprises and the local government, he said.

Dung said he hopes Toray’s projects in Ha Nam will help the province update technological advances.

The same day, Sato also visited a number of Japanese operating enterprises in Ha Nam to find out more on the investment attraction policies of the locality.

Toray Group specialises in producing fibre and textile products, plastics, chemicals and composite materials. It is currently the supplier of carbon fibre materials for Boeing’s new 787 Dreamliner aircraft.-VNA