During the dialogue, Chairman of the provincial People’s Committee Tran Thanh Liem affirmed that the province will create more favorable conditions for Japanese investors. He also stressed that the province will continue mobilizing resources to complete socio-economic and transport infrastructure, expand industrial parks and create land funds for businesses.
It will focus on training human resources to meet enterprises’ demand while developing social housing for workers, he added.
Participants suggested the province simplify administrative procedures, offer tax incentives and create conditions for foreigners to buy apartments.
Priorities will be given to reforming administrative procedures, developing high-quality services and ensuring social order and security in order to create a safe environment for businesses, the Chairman stressed.
According to Deputy Director of the provincial Department of Planning and Investment Phu Huu Minh, the southern province of Binh Duong lured 1.53 billion USD in foreign direct investment (FDI) in the first nine months of this year, exceeding the yearly target by 9.4 percent. The money was injected into 188 new projects and 93 existing ones.
Currently, the province is home to 2,775 FDI projects, worth nearly 25.2 billion USD, becoming one of the five localities in the country with FDI exceeding 25 billion USD. Japan ranks first among foreign investors in Binh Duong, with 241 projects capitalized at 5.13 billion USD.
