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Can Tho wishes to attract more investment from Japan
Date: 25/05/2023

On the afternoon of May 23, representatives of the Department of Planning and Investment of Can Tho City and the Vietnam – Japan Friendship Association held a working session to discuss ways to strengthen investment promotion activities with Japanese partners and investors.
Mr. Yasunaga Kojiro (R), Attorney General of the Vietnam – Japan friendship association, presented a gift to the Representative of the Department of Planning and Investment of Can Tho City

At the event, Vice Director of Can Tho Municipal Department of Planning and Investment Tran Phu Loc Thanh briefed the potential, strengths, and investment cooperation opportunities of Can Tho City. Regarding foreign direct investment (FDI), Can Tho City currently has about 86 projects. Specifically, Can Tho has to date lured 6 projects from Japan with a total registered capital of approximately 1.4 billion USD, ranking first among countries and territories investing in the city.

Vice Director Tran Phu Loc Thanh said there remains vast potential for Can Tho and Japanese businesses to set up and expand cooperation because the advantages of Can Tho City are suitable for the demand of the Japanese side.

Representative of the Department of Planning and Investment of Can Tho City hopes that the association will serve as a bridge calling on Japanese investors to participate in key projects of the city in the future, Thanh said, affirming the locality’s commitment to accompany and coordinate with Japanese investors so that the two sides can achieve harmonized interests.

Within the framework of the working session, Vice Director Tran Phu Loc Thanh introduced important projects that are calling for investment in the city, including a center for linking production, processing, and consumption of agricultural products in the Mekong Delta, and a tier-2 regional logistics center, dredging projects for Dinh An-Can Tho Canal, etc.

The working session between the Department of Planning and Investment of Can Tho City and the Vietnam – Japan Friendship Association.

Mr. Yasunaga Kojiro, Attorney General of the Vietnam – Japan friendship association, highly appreciated the potential and advantages of Can Tho for the development of the Mekong Delta, saying that Japanese businesses have enough financial resources to invest in crucial projects in the city.

According to Attorney General Yasunaga Kojiro, the number of people working in agriculture in Japan will decrease sharply in the next five years, so Japanese businesses have paid special attention to investing in this field in the Mekong Delta. The projects introduced by the city are suitable for this demand, so they will attract more Japanese investors.

However, the two sides need to have more surveys and investigations to achieve specific cooperation projects. In the coming time, the Vietnam - Japan Friendship Association will introduce more Japanese businesses to Can Tho City to seek opportunities and expand investment cooperation, he said


Thanh Xuan - Translated by Hoang Dat



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