The People’s Committee of the Mekong Delta city of Can Tho on November 3 inaugurated the Vietnam – Japan Friendship Industrial Park, as part of the activities to mark the 45th anniversary of the establishment of the bilateral diplomatic ties.
Located in Tan Phu ward, Cai Rang district, the park covers 30 hectares in the first phase. The modern complex boasts a complete system of technical infrastructure which can ensure the standards of a green industrial park. It prioritizes the production in the fields of electricity, electronics, information technology, engineering, and pharmacy.
|The Vietnam-Japan Friendship Industrial Park in Can Tho (Photo: VNA)
The location of the park is described as favourable for investors as it lies just 5 km from the city’s administrative centre and 15 km from the Can Tho International Airport. It is also near two international seaports which can accommodate ships with a tonnage of up to 20,000 tonnes and help connect Can Tho with industrial parks in the nearby provinces of Hau Giang and Soc Trang.
On behalf of the Can Tho People’s Committee, Chairman Vo Thanh Thong pledged to create the best conditions for investors, especially those from Japan, in their production and business.
Speaking to the press, President of the Vietnam Chamber of Commerce and Industry Vu Tien Loc said in the context of the increasing international economic integration, the inauguration of the park is a milestone marking a new stage in the economic cooperation, trade and investment between Japan and Can Tho in particular and the Mekong Delta in general.
The official highlighted that Can Tho and the region have made active preparations for a wave of Japanese investment through annual cultural and economic exchange activities. The effort is working well as it has helped attract more and more Japanese investors to the locality, he said.
According to a report by the Chamber’s Can Tho branch, by the end of October this year, the Mekong Delta had attracted 169 investment projects from Japan with a combined registered capital of 2.2 billion USD, representing 10.5 percent of the total foreign investment to the whole region.VNA