Japan explores investment in southern province

A business delegation from Japan’s Kobe city has explored investment opportunities in southern Ba Ria-Vung Tau province in seaport development, logistics and supporting industry.

During the delegation’s working session with the provincial authorities on March 18, Vice Chairman of the provincial People’s Committee Ho Van Nien informed the delegates of Ba Ria-Vung Tau’s potential and strengths in tourism, fishing, and the oil and gas industry.

The province is focusing on developing its port industry, logistics and supporting industry over the next 30-50 years, he said, adding that it is completing a one-door policy, teaching Japanese to workers and building infrastructure to meet Japanese investors’ requirements.

Ba Ria-Vung Tau has so far cooperated with Japan’s Kawasaki province in building the Kawasaki industrial zone, Nien noted.

The Japanese delegates showed their keen interest in infrastructure and human resources in Tan Thanh and Chau Duc districts that are calling for Japan’s investment.

Following a fact-finding tour to Cai Mep-Thi Vai sea port on the same day, they said they hoped to have more specific information to facilitate their investment in the province.

Source: VNA

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