Binh Phuoc province lures Japanese investors

Leaders of southern Binh Phuoc province have vowed to create a favourable environment for Japanese investors in the time to come.

At an investment promotion seminar in Ho Chi Minh City on April 24, Deputy Chairman of the provincial People’s Committee Pham Van Tong said Binh Phuoc has over 5,200 hectares of available land in eight industrial zones for industrial development.

In addition, a plan for the 28,300 hectare-Hoa Lu border economic zone and other industrial clusters have been approved, offering extra opportunities for investors, Tong said.

He added that Binh Phuoc is a key economic area that bridges the southern region with the Central Highlands and neighbouring countries Cambodia, Laos and Thailand.

The local economy is on the right track and the quality of human resources training has improved, Tong said.

Japanese Ambassador to Vietnam Yasuaki Tanizaki said Japan will pour more capital into some cities and provinces, including Binh Phuoc, which boasts economic and tourism potential.

The provincial leaders pledged to speed up administrative reforms and hold dialogues with investors to introduce investment opportunities and clear obstacles.

Source: VNA

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