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|Deputy Chairman of the Ho Chi Minh City People’s Committee Le Manh Ha. Photo: mofa|
The Deputy Chairman briefed the delegation on the city’s socio-economic development, as well as policies to attract foreign investment, adding that the city will create favourable conditions for investors from Japan and Osaka in particular to run business in the city.
In recent years, Ho Chi Minh City has focused on completing transport infrastructure, as well as planning industry zones and the electricity grid. The city hopes to attract investment in the areas that Japan is strong, such as high technology and precision engineering.
President of Yoshiizumi company and head of the delegation, Sasaki Keieki, said they will visit several Japanese firms investing in Ho Chi Minh City and some industrial zones to learn about the city’s infrastructure.
Osaka’s firms excel in high technology and precision engineering, he added.
At the meeting, the city leader answered questions and concerns about infrastructure, transportation, material sources and market demands.