Japanese investors pour over 1.3 billion USD into Ha Nam

Head of the Management Board of Industrial Parks of Ha Nam province Luu Tran Son speaks at the meeting. (Photo: VNA)

Ha Nam – The Management Board of Industrial Parks in the northern province of Ha Nam on August 30 held a meeting with Japanese enterprises that are investing in industrial parks in the province.

At the meeting, representatives of the enterprises mentioned their difficulties and made recommendations relating to issues, including land use in the IPs, environmental protection, the province’s investment attraction policy, high quality human resources, social housing projects, infrastructure projects, electricity supply and security in the IPs.

Ryoichi Nakagawa, advisor to Japan Desk Ha Nam, said that Japanese enterprises investing in Ha Nam province highly appreciate the province’s investment environment.

Particularly, the province's leaders, departments, branches and sectors always pay attention and create favourable conditions for enterprises to produce and do business.

However, in the IPs, there are still some shortcomings and limitations, he said, expecting that those issues will be addressed effectively soon.

Head of the management board Luu Tran Son said that at present, there are 107 Japanese-invested projects worth 1.3 billion USD, accounting for one-third of the total number of FDI projects in Ha Nam.

He said that the province’s Dong Van III industrial park is designed to particularly attract investors from Japan. For years, Japanese enterprises are always among investors that make major contributions to the province’s budget.

Listening to Japanese enterprises’ opinions, Son said that in the coming time, the management board will strengthen coordination with departments, agencies, and local authorities to solve the enterprises’ concerns, create favourable conditions for them to stabilise production and business, and expand their operations in the province.

Ha Nam is now home to eight industrial parks, attracting 604 investment projects, including 356 foreign direct investment (FDI) projects worth nearly 6.18 billion USD.

Ha Nam province - a new manufacturing hub for SME expansion Ha Nam province has become a favourable alternative investment destination for foreign business shifting their manufacturing plants to Vietnam.

Ha Nam's industrial parks attract 15 more FDI projects Industrial parks in the northern province of Ha Nam have attracted 24 new projects so far this year, including 15 foreign direct investment (FDI) projects worth 176 million USD, according to Head of the Ha Nam Industrial Parks Management Board Tran Van Kien.

PepsiCo gains permission to build food factory in Ha Nam The People’s Committee of Ha Nam province on December 20 handed over an investment registration certificate to a PepsiCo food production project of the PepsiCo Vietnam Foods Company Limited to invest in Dong Van I industrial park in Duy Tien commune.

PepsiCo commits $400 million to build new factories in Ha Nam and Long An American food and beverage company PepsiCo Inc will inject an additional $400 million into the construction of two new plants in Vietnam.

Gaw NP Industrial inaugurates new industrial centre in Ha Nam A grand ceremony was held on May 15 to celebrate the successful completion of GNP Dong Van III Industrial Centre in Ha Nam province, 60km from Hanoi.

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