Ha Nam will create favourable conditions to attract more Japanese investment projects in the province.

Truong Quoc Huy, vice chairman of the People’s Committee, made the pledge at a meeting between a business delegation from Nagahama City, Japan, and the People’s Committee of Ha Nam Province on November 5.

Ha Nam has always considered Japan an important partner in cooperation and investment, Huy said.

Along with favourable trade conditions, enterprises investing in Ha Nam will enjoy the best conditions in electricity, water supply, support for labour recruitment and security according to the province’s 10 commitments for investors.

The province has reserved Dong Van III Industrial Park for Japanese businesses, offering a convenient location, good infrastructure and many preferential policies.

Huy said Ha Nam highly appreciates the investment ability and cooperation of Japanese enterprises. Japanese investors have always strictly complied with investment commitments of the province while providing a good working environment as well as stable incomes for labourers.

Fujii Yuji, Mayor of Nagahama and the leader of the business delegation, said that the city currently has two businesses investing in Ha Nam. The two enterprises have received support and favourable conditions from the province. Therefore, many other businesses want to study investment opportunities in the province.

He called on provincial authorities to continue supporting the two firms from Nagahama in production and business and to help other companies learn about the investment environment in the province as well as support them in recruiting skilled workers.

Currently, Ha Nam has 226 foreign direct investment (FDI) projects with total registered capital of US$2.5 billion, including more than 70 Japanese-invested projects with total capital of about $800 million, focusing on manufacturing; automobiles, motorbikes and electronic equipment production. — VNS