Southern Dong Nai province will continue to create all favourable conditions for Japanese small- and medium-sized enterprises to invest to the locality, a provincial leader has pledged.
While receiving a delegation from the Japan International Cooperation Agency (JICA) led by Jin Wakabayashi on June 12, Chairman of the provincial People’s Committee Dinh Quoc Thai spoke highly of Japanese investors’ operations in the province over the past time.
He said that through JICA support, a 35 million USD project to build an 18-ha workshop area for Japanese businesses in the Nhon Trach 3 industrial park will be implemented soon.
At the working session, the Dong Nai leader signed an agreement on conducting field work for the project.
Currently, the numbers of Japanese businesses showing interest and operating in Dong Nai have been increasing. In the first five months of this year, the province licenced 15 Japan-funded projects with a total registered capital of 162 million USD, accounting for over 60 percent of the total investment in the locality in the period.
Japan is now one of the four leading foreign investors in Dong Nai, with 132 on-going projects worth 2.73 billion USD.
Among famous Japanese names operating in the province are Fujitsu, Olympus, Toshiba, Sanyo, Ajinomoto, Mabuchi, Sojitz, Kao, Shiseido, Ojitex, Muto, Hisamitsu, Belmond Manufacturing and Maspro Vietnam.