Japan investors sound out business conditions in city

10:04 | 01/03/2012
Japanese enterprises are willing to make long-term investment in HCMC if their demands for industrial zone infrastructure, human resources and working conditions for their specialists are met, said Shigetaka Sato, chairman of the Osaka Chamber of Commerce and Industry (OCCI).
HCMC vice chairman Le Manh Ha (R) and Shigetaka Sato, chairman of the Osaka Chamber of Commerce and Industry, listen to a suggestion made by a participant in the OCCI delegation

Speaking at a meeting with HCMC Vice Chairman Le Manh Ha at the City Hall on Monday, Sato sought information relating to the implementation of a industrial zone that the city had planned to develop for Japanese investors.

Sato is leading a delegation of 36 member enterprises in this business trip to Vietnam to survey the local investment environment. They are big corporations and companies specializing in the sectors of commerce and industrial production, including popular names such as Keihan Electric Railway Co, Marubeni Corp. and Konoike Transport Co.

Member enterprises of OCCI showed their keen interest in infrastructure, workshops and living conditions for Japanese specialists.

Vice Chairman Ha told the Japanese guests that the city government had approved since last ear a scheme to develop an industrial zone specially designed for Japanese investors, and the progress was fairly rapid.

“We will heed to your concerns including paying attention to the environment around the industrial zone. We will develop Le Minh Xuan 3 Industrial Zone into a green industrial park,” said Le Manh Ha.

Human resources came as the second issue drawing the attention of Osaka-based companies.

Moreover, Osaka also encouraged the city to send more local people to study and work in Japan like China did two decades ago, in order that they would get used to working style in industrial factories.


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