Wednesday, September 28 2016

VietNamNews

Japanese energy firm wants to invest in Việt Nam

Update: August, 11/2016 - 09:57
President Trần Đại Quang (R) receives Japan’s Marubeni Corporation's Managing Executive Officer and Regional Chief Executive Officer of ASEAN, Shoji Kuwayama in Hà Nội yesterday. — VNA/VNS Photo

HÀ NỘI — Japan’s Marubeni Corporation is seeking investment opportunities in coal exports, gas production, renewable energy and wastewater treatment in Việt Nam. 

The corporation’s Managing Executive Officer and Regional Chief Executive Officer of ASEAN, Shoji Kuwayama, announced these plans at a meeting with President Trần Đại Quang in Hà Nội yesterday. 

He said his group specilises in developing energy resources and infrastructure, processing farm produce and seafood, and producing garment products for export. 

Apart from business and investment activities, the corporation had also focused on social issues, including the establishment of a scholarship fund in 1994 to support students in some Vietnamese localities, he told the President. 

President Quang praised Marubeni Corporation for investing effectively in Việt Nam since the early 1990s, as well as its remarkable contributions to the country’s economic development. 

He also hailed the group for reinforcing economic ties between Việt Nam and Japan via energy and thermal power projects, and activities to support children and develop education in Việt Nam over the past few years. 

The President called on Japanese businesses to increase investment in Việt Nam, especially prioritising key areas under Việt Nam’s industrialisation strategy; developing high-quality infrastructure, energy, support industries and agriculture; promoting technological transfers; and supporting human resources training. 

He said he hoped Marubeni Corporation would seize new opportunities and promote its role as a leading trade company in Japan to continue with effective operations in Việt Nam, contributing to the country’s socio-economic development. — VNS

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