Hau Giang introduces strengths, potential to Japanese investors

Hau Giang has developed a rice growing region covering 32,000ha (Illustrative image. Source: VNA)

Hau Giang (VNA) – The Mekong Delta province of Hau Giang held a meeting with Japanese firms on January 25 to introduce its potential, strengths, and preferential policies.

Vice Chairman of the provincial People’s Committee Truong Canh Tuyen said that the province holds strengths in transport system, agriculture, and industry.

Hau Giang has applied numerous incentives for investment and is able to provide an abundant workforce, simple investment procedures, friendly administrative system, and helpful support.

Tuyen affirmed that with its tradition of hospitality and respect for partners, Hau Giang welcomes domestic and foreign enterprises to invest in the province as it hopes to form partnerships with investors and international organisations.

He vowed to offer optimal conditions for investors to implement their projects and secure sustainable future development.

Japanese Consul General in Ho Chi Minh City Junichi Kawaue said that connectivity between Japan and Vietnam has become more significant amidst the rapidly changing socio-economic situation in the world.

He expressed his hope that Japanese and Vietnamese firms will maximise on opportunities brought by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Through the meeting, Japanese enterprises gained a deeper insight into the attraction and potential of Hau Giang, which will help foster partnershipd among businesses of both nations, he said.

Hau Giang recorded an economic growth of 6.93 percent in 2018. So far, the province has developed a rice growing region covering 32,000ha, a sugar cane farm area of 10,500ha, along with 1,500ha of pineapple and over 15,000ha of citrus plant farms, as well as 10ha of aquatic farms.

The province has two industrial parks and eight concentrated industrial clusters with a combined area of 1,530ha. It is also home to a Vinalines seaport with the capacity of handling vessels with a loading capacity of up to 20 tonnes.–VNA