Japanese firms seek to increase investment in Hai Duong

TCCT Japanese businesses and investors were provided with information on business and investment climate and opportunities to make deeper inroads into Hai Duong, at a workshop held in the northern province

The event offer Japanese firms a chance to seek and set up partnership in production and business in the province.

The provincial Party Committee Secretary and Chairman of the provincial People’s Committee Nguyen Manh Hien briefed participants on the province’s socio-economic development in recent years.

Hai Duong witnessed a positive economic growth in 2015, with the Gross Regional Domestic Product (GRDP) increasing 8.5 percent compared to 2014 – the highest surge in recent years.

The province attracted 320 million USD in foreign direct investment (FDI). Many FDI firms expanded their investment scale and recruited more labourers.

During the workshop, provincial leaders committed to remaining consistent policies on investment attraction, and facilitating enterprises’ operations in the province.

They said Hai Duong welcomes investors in the fields of technical infrastructure construction, hi-tech and environmentally friendly industries, trade, service, farm product and food processing.

Japan ranks second among the largest countries and territories investing in the locality, with 60 projects worth 1.1 billion USD, focusing on production and assembling of electronic and mechanical spare parts, and telecom devices.

Minoru Maki from the Japanese Ministry of Economy, Trade and Industry said the ministry considers Vietnam an important market in Asia, adding that Japanese companies have applied advanced technologies in their production to preserve and protect the environment in Vietnam.

He said Japanese firms want to learn about policies of Vietnam in general and of Hai Duong in particular, thus promoting their investment projects in the locality./.

Source: VNA