Binh Duong invites Japan investment

Tuesday, Mar 11, 2014 08:00

Photo baocongthuong

BINH DUONG (Biz Hub) — Japanese businesses are being urged to invest in the southern province of Binh Duong, which is seeking funding for its support industries.

Besides a superior infrastructure and qualified labour force, Binh Duong has allotted more than 1,500 hectares of land in industrial parks to new projects, the provincial People's Committee chairman, Le Thanh Cung, said during a meeting last week with 20 leaders of small- and medium-sized enterprises operating in support industries in Japan's Saitama prefecture.

The province has also accelerated administrative reforms in order to assist foreign investors, he stated.

Over the past two months, Japan has poured an additional US$246 million into Binh Duong, making up 35 per cent of the total foreign direct investment in the locality, he claimed.— VNS

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