A delegation from Japan’s Saitama Agata Bank, led by its Managing Director Suzuki Tsutomo, is visiting the southern province of Binh Duong to explore the locality’s investment environment.
The delegation also includes 20 leaders of small-and-medium-sized enterprises operating in the support industry of Saitama prefecture.
Receiving the delegation on March 7, Chairman of the Binh Duong People’s Committee Le Thanh Cung told the visiting businesses that they could pour their money into Binh Duong, which is seeking investment in its support industry.
Binh Duong has zoned more than 1,500 hectares of land in industrial parks for new projects, he said, noting the good infrastructure and abundant and qualified labour forces there.
The official added that the province has conducted reform in administrative procedures in order to make business easier for investors.
At the meeting, the Japanese businessmen were briefed on Binh Duong’s socio economic development and foreign investment attraction over the past years by Mai Hung Dung, Director of the provincial Department of Planning and Investment.
In the first two months of this year, Japan poured an additional 246 million USD into Binh Duong, making up 35 percent of the total foreign direct investment (FDI) in the locality, he said.
With 216 projects worth more than 4.6 billion USD in Binh Duong, Japan has become the largest foreign investor among 39 countries and territories investing in the locality.
The same day, the Japanese delegation made a fact-finding trip to the Becamex IDC Corporation, which is a partner in a joint venture of Japan’s Tokyu group to build the 1.2 billion USD Tokyu urban area in Binh Duong, and visited Binh Duong New City.-VNA
The delegation also includes 20 leaders of small-and-medium-sized enterprises operating in the support industry of Saitama prefecture.
Receiving the delegation on March 7, Chairman of the Binh Duong People’s Committee Le Thanh Cung told the visiting businesses that they could pour their money into Binh Duong, which is seeking investment in its support industry.
Binh Duong has zoned more than 1,500 hectares of land in industrial parks for new projects, he said, noting the good infrastructure and abundant and qualified labour forces there.
The official added that the province has conducted reform in administrative procedures in order to make business easier for investors.
At the meeting, the Japanese businessmen were briefed on Binh Duong’s socio economic development and foreign investment attraction over the past years by Mai Hung Dung, Director of the provincial Department of Planning and Investment.
In the first two months of this year, Japan poured an additional 246 million USD into Binh Duong, making up 35 percent of the total foreign direct investment (FDI) in the locality, he said.
With 216 projects worth more than 4.6 billion USD in Binh Duong, Japan has become the largest foreign investor among 39 countries and territories investing in the locality.
The same day, the Japanese delegation made a fact-finding trip to the Becamex IDC Corporation, which is a partner in a joint venture of Japan’s Tokyu group to build the 1.2 billion USD Tokyu urban area in Binh Duong, and visited Binh Duong New City.-VNA
