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Mar 11, 2014 / 10:55

Japanese CEO to Binh Duong for seeking investment opportunities

Twenty General Directors and CEOs from small and medium-sized enterprises (SMEs) in Japan’s Saitama prefecture arrived in the southern Binh Duong to seek investment opportunities.

Provincial People’s Committee Chairman Le ThanhCung briefed participants on the province’s land fund of over 1.500 hectares, technical infrastructure, and abundant workforce.

Administrative reforms such as the one-stop shop model have helped the province to meet the requirements of investors, Cung noted.

Planning and Investment Department Director Mai Hung Dung introduced Binh Duong’s socio-economic development and activities to attract foreign investment.

In the first two months of the year, the province attracted an additional US$246 million from Japan, accounting for 35% of the locality’s total FDI investment.

With 216 investment projects in Binh Duong, capitalised at US$4.613 billion, Japan had the highest FDI capital among 39 nations and territories investing in the province.

The same day, the Japanese delegation visited Becamex IDC, a joint venture with Japan’s Tokyo Group to consider the implementation of the Tokyo -Binh Duong urban area project with a total investment of US$1.2 billion.