Japanese investors pour over 1.3 billion USD into Ha Nam

ABO/NDO- The Management Board of Industrial Parks in the northern province of Ha Nam on August 30 held a meeting with Japanese enterprises that are investing in industrial parks in the province.

At the meeting, representatives of the enterprises mentioned their difficulties and made recommendations relating to issues, including land use in the IPs, environmental protection, the province’s investment attraction policy, high quality human resources, social housing projects, infrastructure projects, electricity supply and security in the IPs.

Ryoichi Nakagawa, advisor to Japan Desk Ha Nam, said that Japanese enterprises investing in Ha Nam province highly appreciate the province’s investment environment.

Head of the Management Board of Industrial Parks of Ha Nam province Luu Tran Son speaks at the meeting. (Photo: VNA).

Particularly, the province's leaders, departments, branches and sectors always pay attention and create favourable conditions for enterprises to produce and do business.

However, in the IPs, there are still some shortcomings and limitations, he said, expecting that those issues will be addressed effectively soon.

Head of the management board Luu Tran Son said that at present, there are 107 Japanese-invested projects worth 1.3 billion USD, accounting for one-third of the total number of FDI projects in Ha Nam.

He said that the province’s Dong Van III industrial park is designed to particularly attract investors from Japan. For years, Japanese enterprises are always among investors that make major contributions to the province’s budget.

Listening to Japanese enterprises’ opinions, Son said that in the coming time, the management board will strengthen coordination with departments, agencies, and local authorities to solve the enterprises’ concerns, create favourable conditions for them to stabilise production and business, and expand their operations in the province.

Ha Nam is now home to eight industrial parks, attracting 604 investment projects, including 356 foreign direct investment (FDI) projects worth nearly 6.18 billion USD.

(Source: NDO)