Central city promotes investment in Yokohama

Thursday, Aug 08, 2013 10:26

DA NANG (Biz Hub)— Japanese businesses were called to boost investment in a Hi-Tech Park and Information Technology (IT) Park in Viet Nam's central Da Nang City at an Investment Promotion Conference in Yokohama, Japan yesterday.

At the conference, which drew the participation of over 180 Japanese businesses, the central city introduced the 1,010-ha Hi-Tech Park and the 341-ha IT Park – the third biggest in Viet Nam.

The city has attracted 90 businesses from Japan with a total investment of over US$400 million.

Exports from Japanese enterprises accounted for 37 per cent of the city's total imports, while 30 per cent of the city's industrial production value comes from Japanese FDI projects.

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