Phu Tho province welcomes Japanese investments

Phu Tho (VNA) – The northern midland province of Phu Tho at all times rolls out purple carpet, and commits to creating beneficial situations for Japanese enterprises who wish to broaden their funding within the locality, Secretary of the provincial Occasion Committee Bui Minh Chau has stated.

He made the assertion whereas becoming a member of leaders from Hung Yen, Soc Trang, and Lengthy An provinces at a discussion board on selling Vietnam – Japan commerce and funding in Kansai area, which was organised by the Vietnam Chamber of Commerce and Trade (VCCI), the Osaka Chamber of Commerce and Trade (OCCI), the Consulate Basic of Vietnam in Osaka, and the Japan Exterior Commerce Organisation (JETRO).

Chau highlighted the province’s proximity to Hanoi’s Noi Bai Worldwide Airport, its fashionable port system and uniform socio-economic infrastructure amongst its strengths, including the locality holds big potential within the machine set up business, and high-tech agro-forestry manufacturing.

Moreover, Phu Tho province can also be better off to develop resort tourism because it boasts beautiful landscapes and owns two heritage gadgets recognised by the UNESCO as Intangible Cultural Heritage of Humanity, specifically the worship of Hung Kings and xoan folks singing, he stated.

Phu Tho is now residence to seven Japanese investments with complete registered capital amounting to some 34 million USD.

Invested at a complete price of 25 million USD by Matsuoka Phu Tho Firm Restricted underneath Matsuoka Company, the garment manufacturing unit advanced in Phu Ha industrial park is the biggest FDI venture from Japan. It creates jobs for greater than 2,000 native labourers./.

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