Japanese Investors Express Special Interest in Can Tho

With strong financial resources, modern technology, advanced management skills, Japan is one of the important partners that Can Tho city pays much great attention and strengthens investment cooperation.


Promoting investment cooperation with Japan

In the past 5 months, Mr. Vo Thanh Thong, Chairman of the Can Tho City People's Committee and many officials of departments, agencies and enterprises have two business trips to Kansai (Japan) to promote investment cooperation programs and trade transaction. The most recent trip was in mid-October, 2017, with stops in Okayama and Wakayama.

Mr. Nguyen Khanh Tung, Director of Can Tho Investment - Trade Promotion and Exhibition Fair Center, said that in addition to the exchange activities, working with local authorities, visiting the production workshop, the delegation also had two trade connection and investment promotion conferences in Okayama province  and Wakayama province with the participation of about 150 Japanese enterprises.
Japanese Investors Express Special Interest in Can Tho
Can Tho is a large and qualified human resource center in the Mekong Delta, attracting the attention of many investors.

At these forums, leaders of the Can Tho City People's Committee also said that from now to 2018, Can Tho is expected to open more domestic flights to Haiphong, Nha Trang and international flights to Bangkok (Thailand) and Singapore, especially direct flights to Kansai province. In addition, the facilities for investors such as golf courses and international hospitals are also expected to be completed by the end of 2018 or HCM-Can Tho expressway route will be completed in 2021. Besides, the International University projects have also advocated investment. High-class residential area owned by Can Tho city investment and development fund is ready for Japanese enterprises Tho made ready for Japanese businesses.

During the trip to Japan in October 2017, leaders of the Can Tho city and Okayama city  signed a joint declaration, together promoting cooperation in the fields of industry, agriculture, tourism and memorandum with the Japan-Vietnam Friendship Association to create foundation for the development of the people's foreign relations in depth.     

Previously, at the investment and trade promotion in late May 2017, Can Tho city and Hyogo province (Japan) signed a joint declaration on cooperation, whereby the two locals exerts efforts to create favorable conditions for the development of trade, investment promotion from Hyogo province into Can Tho, strengthening economic cooperation through trade, tourism, training of human resources.

Recently, th province has also welcomed many delegations of local government and Japanese business to exchanges, promote cooperation relations and survey looking for investment opportunities on the sectors : Hi-tech agricultural, education and training, environment.

Create a favorable environment

Can Tho now  has 6 Japanese investment projects with total registered capital of $12.05 million. Although this figure is quite modest, but prospects in the coming time will be breakthroughs in attracting capital from Japan because in the eyes of Japanese investors, Can Tho is considered to have a lot of potential.

In an effort to strengthen investment promotion and cooperation with the Japanese partners, the Can Tho has established "Japanese Desk" office in Can Tho city with the aim of connecting associations and organizations to boost investment and image promotion of Can Tho to Japanese business comunity; Assisting to solve difficulty and answer questions of Japanese businesses operating in Can Tho.

Mr. Kyoshiro Ichikawa, Japan Desk Advisor in Can Tho city said that with its position as the center of the South West, Can Tho is now the best trading hub and also the most suitable place to invest in developing agricultural product processing industry. , logistics infrastructure and port facilities. Furthermore, Can Tho always has specific policies to promote investment, so Japanese enterprises pay special attention to investment.

From Brainworks Asia Company Limited, deputy director,Mr. Sasaki Noriyuki said that in Asia, Vietnam is a place where Japanese enterprises pay special attention to investment. Over the past three years, Japan's foreign direct investment projects pouring into Vietnam have increased significantly. Particularly in the Mekong Delta, Can Tho is a place where Japanese enterprises are most interested in seeking investment opportunities in fields such as education and training, agro-food processing, agriculture. "This is the result from the efforts of the leaders of the People's Committee and departments of the city. VCCI Can Tho in enhancing investment promotion in Japan " said Sasaki Noriyuki.

Invested in Can Tho over the last 10 years with the field of export sports gloves, Mr. Motoyuki Nakamura, General Director of Tri Viet International Co., Ltd. (with factory in Tra Noc Industrial Zone) I know that Can Tho is a big and qualified human resource center in the Mekong Delta and has decided to invest here. Originally, the procedure is quite complex documents, but the agency owner responsible for the detailed instructions, always answer questions very specific problem should always be resolved smoothly. Currently, we have plans to open more manufacturing again in Need of poetry ". 

Ho Chi Minh Can Tho has been handed over the Investment and Development Fund of Can Tho city  for Japanese enterprises. Mr. Le Van Thong, Director of Can Tho city Investment and Development Fund  said that the project on building industrial park infrastructure and factory system in O Mon industrial park (Phuoc Thoi ward, O Mon district) has 256 hectares, of which 134 hectares in phase I include clean industrial production factory, exhibitions, displays, warehouses; urban areas - resettlement in combination with industrial parks from 2018 to 2020.

This project is also considered as an investment project to build modern industrial parks and workshops in combination with investment in residential areas, thus creating a harmony with the green standards in order to meet the demand for land lease. production workshop, business of Japanese enterprises.

PROJECTS CALLING FOR INVESTMENT


1. CAN THO HI-TECH AGRICULTURAL PROJECT 


-Location: Thoi Hung commune, Co Do district

-Area: 244.17 ha

-Projected capital: $ 26 million

-Project time: No more than 50 years

-Objectives: Gathering and building the satellite network for hi-tech agricultural zones in the field of agriculture-fisheries, combining with the tourism industry to create sightseeing poits, eco-tourism, introducing agricultural-fishery high quality products of hi-tech agricultural Zone.


2. INDUSTRIAL PARK PROJECT FOR JAPANESE ENTERPRISES

- Location: Phuoc Thoi ward, O Mon district. - 15 km from the center of Can Tho city 
to the north; 8 km from Can Tho International Airport; It is 26 km from Cai Cui - Tan Cang port complex.
- Objective: To call for investors in the fields of industrial production, clean industry and supporting industries.
- Project duration: No more than 50 years. 

3. CENTRAL INFORMATION TECHNOLOGY ZONE PROJECT

- Location: Hung Thanh ward, Cai Rang district.
- Area: 20 ha. 
- Total investment capital: $ 8.89 million
- Project duration: 50 years
- Objective: To build a center for provision of infrastructure and human resources for the development of the information technology industry of Can Tho and the Mekong River delta; Research center for product development .

4. PROJECT ON LOGISTIC LEVEL II CENTER IN CAN THO

- Location: Cai Cui Port - Hung Phu Industrial Zone (1B), Tan Phu Ward, Cai Rang District.
- Area: 242.2 ha, of which phase 1: 168.2 ha; Phase 2: 74 ha- Status of land: compensated for a part of the ground.
- Project duration: maximum 50 years.
- Objective: To effectively exploit the logistics market of Can Tho City.  and the Mekong Delta.

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