Sat. Dec 2nd, 2023

Japanese firms support Dong Nai

Nhon Trach industrial zone in the southern province of Dong Nai. The provincial authority is committed to creating favourable conditions to support investment from Kansai businesses. — VNA/VNS Photo Van Khanh

HA NOI (VNS)— The Dong Nai provincial People’s Committee and the Kansai Bureau of Economy, Trade and Industry (KBETI) of Japan on Wednesday discussed future co-operation in support industries.

The two sides during their meeting shared unanimity to create favourable conditions for support businesses from the Kansai region to invest in the southern province.

Dong Nai will establish a consultation board to provide all-around support for Kansai businesses that want to operate in the locality.

A training system will also be established to provide human resources for the area’s growing industrial sector and increase links between Japanese businesses and training centres in Dong Nai.

More than half of Kansai business projects investing abroad target Asian countries, said KBETI Head Toshihiro Kobayashi, adding that co-operation with Dong Nai Province created a new investment direction for Kansai businesses.

The locality has attracted investors from 35 countries and territories with total registered capital exceeding US$23 billion, according to Chairman of the Dong Nai People’s Committee Dinh Quoc Thai.

Japan has the third most projects in Dong Nai, with over 130 businesses involved and a total investment of nearly 3 billion USD.

The locality will prioritise support industries and economic development in combination with environmental protection, Thai said, adding that Dong Nai hoped Japanese businesses would bring with them the best environmental treatment solutions.

During the seminar, 50 Japanese businesses already operating in Dong Nai shared their experiences with eight businesses that want to establish a presence in the province. They discussed the locality’s investment policy, incentives, administrative procedures and labour. — VNS

By vivian