Japanese firms seek investment opportunities in Can Tho

Can Tho (VNA) – Can Tho city attracted the largest number of Japanese businesses who came to the Japan External Trade Organisation (JETRO) in Ho Chi Minh City to learn about the investment environment in Vietnam’s southern provinces and cities, a JETRO official has said.

Chief Representative of JETRO HCM City Hirai Shinji told Can Tho’s leaders during a working session on October 29 that the Japanese firms wanted to study the city’s infrastructure and incentives for investors, as well as local businesses and customers.

Statistics unveiled that in 2018, nearly 3,100 Japanese businesses came to JETRO HCM City to get information about the investment climate in southern cities and provinces, he said.

Truong Quang Hoai Nam, Vice Chairman of the municipal People’s Committee, said the city is calling for investment in projects on building industrial parks and smart urban areas, and constructing and operating logistics centres, as well as others on education, health care and personnel training.

Can Tho has considered Japan its strategic partner, he said, adding that apart from common support for foreign investors, those from Japan will be provided with cleared land and infrastructure connectivity.

Nam informed his guests that the city has continuously improved administrative services while investing in infrastructure to meet the demand for housing, entertainment, health care and transport of Japanese businesspeople and experts in the locality.

He cited the launching of direct flights from Can Tho to Japan in 2020 and the upcoming operation of Vinmec international hospital in the city, along with other projects like an international golf course and the approved project on Can Tho – HCM City high-speed railway.

For his part, Shinji said JETRO HCM City will provide information about Vietnamese localities for Japanese firms in the most rapid and accurate way, and help to introduce more Japanese investors to Can Tho./.