Can Tho expands cooperation with Japanese partners

On 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 connect the city with Japanese partners and investors.

Vice Director of the Department Tran Phu Loc Thanh said there remains huge 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.

Can Tho City hopes that the association will serve as a bridge calling on Japanese investors to take part in important 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 harmonised interests.

Can Tho looks to expand cooperation with Japanese partners
Representatives of Can Tho City and Japanese investors at the meeting (Photo: VNA)

Attorney General of the Association Yasunaga Kojiro expressed his interest in 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.

However, the two sides need to have more surveys and investigations to achieve specific cooperation projects, he said.

According to 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.

At the event, Can Tho’s representatives introduced important projects that are calling for investment in the city, including a centre for linking the production, processing, and consumption of agricultural products in the Mekong Delta, and a tier-2 regional logistics centre.

The Association groups many large and famous Japanese companies such as Mitsubishi Corporation, Daiwa House, and Mitsui Corporation, with many of them having been investing and operating effectively in Vietnam.

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(Source: Vietnamplus)