Japanese firms eye investing in Ha Nam

January 24, 2019 | 11:25
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Many Japanese businesses have expressed interest in investing in Vietnam’s northern province of Ha Nam to supply top quality products to the Southeast Asian market, said Tsunemasa Teramoto, a representative from Japan’s Ministry of Agriculture, Forestry and Fisheries.
japanese firms eye investing in ha nam
Inside a high-tech agricultural development centre in Ha Nam Province. Japanese businesses want to co-operate with local partners to develop agriculture in Ha Nam.-Photo khoahocphattrien.vn

Teramoto, who led a delegation of Japanese firms operating in the fields of manufacturing, farm produce processing, forestry, seafood and cargo transport, made the statement at a working session with the provincial People’s Committee on Tuesday.

With their strengths in technology, Japanese businesses want to co-operate with local partners to develop agriculture in Ha Nam towards modernity and sustainability, he said.

Vice chairman of the provincial People’s Committee Truong Minh Hien introduced the delegation to the economic advantages and development potential of the province in terms of investment attraction policies.

The locality prioritises the high-tech and support industries, according to the official. Ha Nam has reserved Dong Van III Industrial Park – which features a favourable location and strong infrastructure – for Japanese businesses looking to operate in the province.

The province is looking to draw businesses to its high-tech agricultural zones to foster safe, clean agricultural production.

While investing in the province, businesses will be supported with electricity, water, transportation, labour recruitment and security.

Japan is the second largest foreign investor in Ha Nam with over 70 projects.

The province appreciates the involvement of Japanese investors and hopes more enterprises from Japan will carry out investment projects in the locality, according to Hien.

At the session, participants discussed other issues such as land rental, project schedules, human resources, the supply of production materials and infrastructure support mechanisms.

The same day, the Japanese business delegation made a fact-finding tour to a high-tech agricultural zone in Nhan Khang Commune, Ly Nhan District.


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