10 July 2017

Can Tho looks to lure more investments from Japan

Can Tho (VNA)
Japan is considered as a strategic partner of the Mekong Delta city of Can Tho,
especially in high-tech agricultural and infrastructure development, a local
official has said.

At a meeting with Kyoshiro Ichikawa, Director of I.B.C Vietnam Co., Ltd and advisor
to the Japan Desk Can Tho programme, Vice Chairman of the municipal People’s
Committee Truong Quang Hoai Nam expressed his hope that Japan Desk, which
targets Japanese firms operating in the locality, will continue supporting the
city in introducing and promoting its strengths and fields that Can Tho is
calling for investment in, thus attracting more and more Japanese investors.

He suggested establishing an official representative office of Japan Desk in
Can Tho in order to facilitate information updating and other support
activities for Japanese firms, which have poured investment and are going to
invest into the city.

For his part, Ichikawa said Japan Desk will actively assist Can Tho in luring investment
projects from Japan and provide effective support for Japanese enterprises operating
in the city in particular and the Mekong Delta region in general.

In the second half of 2017 and 2018, Japan Desk will receive over 200 Japanese
firms who come to survey investment opportunities in Can Tho, he said, adding
that a part from introducing Can Tho’s investment climate, Japan Desk collects
feedback from Japanese companies operating in the locality to submit to the
local authority.

To boost connection with Japan, in 2015 Can Tho signed a cooperation deal with I.B.C
Vietnam Co., Ltd to conduct investment promotion activities to help Japanese
firms and individuals to survey and carry out investment projects in Can Tho
and vice versa. Japan Desk Can Tho was set up early this year.

Can Tho is calling for investment in projects worth nearly 1 billion USD, such
as building infrastructure in O Mon industrial park, Thoi Lai hi-tech zone, Con
Son tourism site, Con Khuong amusement park, urban areas along Vo Van Kiet
street, and Can Tho logistic service centre.

Can Tho is now home to 13 projects invested by Japanese firms with a total
investment of 10.5 million USD.-VNA



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