Can Tho plans to attract more Japanese investments in 2018

The Mekong Delta city of Can Tho will organise a range of activities to strengthen its cooperation with and attract more investments from Japan in 2018, stated a municipal official.

Tra Noc Industrial Zone in Can Tho
Tra Noc Industrial Zone in Can Tho

Nguyen Khanh Tung, Director of the city’s Centre for Investment, Trade Promotion and Exhibition, said that work will begin on an ICT Innovation centre developed by the Brainworks Company.

The city will hold a trade and investment promotion conference in Japan’s Hyogo prefecture, as well as a meeting with Japanese investors in Hanoi and a dialogue with Japanese firms.

Tung said that in April 2018, Can Tho will kick off a model farm project in the city as a joint effort of Can Tho Technical and Economic College and Japan’s VAIO Company with the aim of training high quality agriculture experts for Can Tho.

A Vietnam-Japan industrial park will also be constructed, he added.

Truong Quang Hoai Nam, Vice Chairman of the People’s Committee of Can Tho, said many Japanese investors are interested in Vietnam but the number coming to the city remains modest.

Therefore, Can Tho needs to make a breakthrough in attracting Japanese investments, he stressed.

Statistics show that by the end of 2017, Can Tho accommodated 77 Japanese-invested projects worth US$656 million.