Mai Hung Dung, Director of the Binh Duong Department for Planning and Investment, highlighted the province’s impressive GDP growth and spoke about the numerous investment opportunities in the region.
Since the beginning of this year, Binh Duong has attracted additional US$823 million in foreign direct investment (FDI). As a result, about US$19.6 billion have been injected in 2,200 FDI projects, with about 219 Japanese-funded projects totaling US$4.68 billion, he said.
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Dung cited Tokyu - Becamex group (US$1.2 billion) as one of big Japanese investors in the locality. Binh Duong has become an attractive investment destination thanks to its incentive policies and simplified administrative procedures. It is calling for investors in such fields as high technology, services, health care, education, and infrastructure development, he added.
Binh Duong provincial People’s Committee Chairman Le Thanh Cung affirmed that his province always considers Japan as its important partner. The province is actively implementing projects on ecological urban areas, transport, and water environment. It plans to send a delegation to attend a trade fair in Japan next year, he said.
Cung asked Vice Minister Kotaro Nogami to grant further official development assistance (ODA) to Binh Duong-HCM City- Dong Nai subway construction project.
Nogami also called for Binh Duong to create the best possible conditions for Japanese investors, adding that Japanese businesses are expected to engage in a waste water treatment project in Binh Duong.
