Japanese firms pour funds into Long An Industrial Park
HCM CITY (VNS)— Long Hau Industrial Park in Long An Province last year attracted 14 investors from Japan, which is the second-largest investor in the IP, with a total of 37 projects.
Vietnamese businesses account for most of the remaining projects.
On Friday, more than 10 Japanese companies came to explore business opportunities while the IP celebrated the 40th anniversary of diplomatic relations between Viet Nam and Japan.
Tran Hong Son, general director of the IP, said the park's advantages included proximity to the deep-water port Saigon Premier Container Terminal and Sai Gon Hiep Phuoc Port, as well as to the Phu My Hung urban area.
Another advantage is the IP's customer-service team, which offers a one-door policy specifically for Japanese investors to help them save time.
To ensure a stable workforce, the Long Hau IP manages a residential area for 6,000 workers, together with other conveniences, including a kindergarten, general clinic, mini-supermarket and green spaces.
To minimise misunderstandings, the IP has also offered courses to workers in Japanese, IT and Vietnamese laws.
It holds monthly meetings with investors to ensure that the best services are being offered.
Long An Province has 456 foreign-direct investment projects worth more than US$3.3 billion. Of the figure, Japan accounts for 52 projects worth US$188 million.
By the end of 2012, Japan ranked as Viet Nam's top foreign investor, with US$28 billion and 1,700 projects.—VNS