Tien Giang pledges optimal conditions for Japanese investors

Tien Giang (VNA) – The Mekong Delta province of Tien Giang will create optimal condition for foreign investors, particularly those from Japan, said a local official.

While receiving Japanese Consul General in Ho Chi Minh City Kawaue Junichi on April 25, Chairman of the provincial People’s Committee Le Van Huong also briefed the guest on the province’s development potential and advantages as well as its trade and investment opportunities for foreign investors.

For his part, Junichi said he will connect Japanese investors with Tien Giang province and provide support in the fields of common interests, including labour export, healthcare and education.

Over the past years, Tien Giang and Japan have organised a range of activities to strengthen cooperative relations in many areas, including politics, economic development, investment, tourism and labour export.

Tien Giang shipped more than 150 million USD worth of goods to Japan in 2016, up nearly 40 percent from the previous year, while importing 62 million USD worth of products.

In the first quarter of 2017, Tien Giang earned nearly 33 million USD by exporting rice, garments, aquatic products, processed fruits and vegetables to Japan. The province also spent 24 million USD on imports from Japan, mostly garment and footwear materials, handbags and machines.

Tien Giang province is now home to five Japanese projects, with a combined registered capital of 36 million USD.-VNA