A number of Japanese businesses have increased their investment and production output in the Ho Chi Minh City Export Processing and Industrial Zones Authority (Hepza).
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Representatives of Hepza reported that in 2013, industrial parks (IPs) and export processing zones (EPZs) in Ho Chi Minh City attracted more than 608 million, up 47% from a year earlier.
Big investors included Saigon Precision Co. Ltd in Linh Trung IP (US$129 million), Japanese-invested Nidec Tosok Co. Ltd (US$95 million), Nidec Tosok Akiba Co. Ltd (US$10 million) and Juki Co. Ltd (US$12 million) in Tan Thuan EPZ.
Investors from Germany (Roeders), Singapore (Marvell) and Japan (Kijima Musen) have also expressed a keen interest in investing in the fields of high technology and high value-added production.
Hepza is expected to attract US$550 million in 2014, or an increase of 10% compared to 2013’s yearly plan.
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