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Conference to Promote Japanese Investment in Dong Nai Encourages Investors into High-Tech Industries

July 29, Dong Nai People’s Committee and cooperated with Ministry of Planning and Investment, Japan External Trade Organization (JETRO), and Japan Businesses Association in Ho Chi Minh and in Vietnam holding a conference to promote Japan’s investment in Dong Nai.

The conference was attended by Member of the Central Party and Secretary of Dong Nai Party Committee Tran Dinh Thanh, Deputy Secretary of the Standing Committee at Dong Nai Party Committee Le Hong Phuong, Deputy Secretary of Dong Nai Party Committee and Chairperson of Dong Nai People’s Committee Dinh Quoc Thai, Consulate General of Japan in Ho Chi Minh City, representatives for Japan Businesses Association, and 160 Japanese companies.

Dong Nai has 30 industrial parks in a total area of ​​9,573 hectares have been granted investment certificates, and 61 percent of these parks’ area has been leased.

Particularly, twelve industrial parks have leased 100 percent of their area. Other twelve have a complete infrastructure that meet requirements for lease and six others are pouring investment in infrastructure.

Until 2015, Dong Nai is expected to develop 34 industrial parks in a total area of ​​11,280 hectares.

In addition, Dong Nai has Long Thanh High Tech Industrial Park in an area of ​​500 hectares, Dofico Industry-Agriculture Park in an area of ​​2,180 hectares (whose infrastructure is under construction) and Dong Nai Center for Applied Biotechnology in an area of ​​209 hectares (whose the first phase infrastructure is completed) that is calling for investment.

Awards are being given to companies with their investment achievements in Dong Nai

Thanks to its great advantages of geography, natural conditions, infrastructure, transportation systems, financial services, human resources, and local authorities’ past year interests, Dong Nai has been among four leading regions throughout the country, which is famous for foreign investment attraction.

So far Dong Nai has 13,000 domestic companies and nearly 1,000 foreign-invested companies.

Dong Nai has 978 foreign-invested projects with a total registered investment capital of US$19.4 billion.

Japanese companies have been ranked the third biggest investors with 98 investment projects and with a registered investment capital of US$1.9 billion in Dong Nai.

These Japanese companies have employed more than 40,500 workers that are working in the province.

The conference

The government of Japan has made ODA loans to priority projects in Dong Nai to assist the province in developing its infrastructure and in maintaining sustainable development towards the projects: Ho Chi Minh - Long Thanh - Dau Giay Expressway, First-Phase Nhon Trach Water Supply Plant with a capacity 100.000 cubic meters per day and night, and other projects that are being taken into consideration such as
Second-Phase Nhon Trach Water Supply Plant, Bien Hoa Wastewater Drainage and Treatment, and Houses for Industrial Park Workers ...

Investors make a field trip to Center for Applied Biotechnology

During its development process, Dong Nai always encourages Japanese investors in high-tech industries, especially in the fields: high tech industries, support industries, farming and breeding projects, high-tech application, safety food processing, and some other fields: services infrastructure and facilities.

At the conference, the provincial leadership replied to Japanese investors’ questions on the issues of investment priority policies that are applied to support industries, infrastructure, transport systems, and human resources.

The provincial leadership stated that Dong Nai always takes interest in administrative reform on the basis of publicizing, transparency, and quickness.

Especially, investment certificates will be granted for foreign investors under the method of one-door policy.

In addition, Dong Nai will regularly hold meetings to hear companies’ contributive opinions to provide favorable conditions for investors in Dong Nai.

On this occasion, Dong Nai People's Committee has granted investment certificates for four Japanese investors and offered awards to ten Japanese companies that have made great contributions to helping to increase foreign investment in the province.

Reported by Thanh Minh, Translated by Duy Minh

Author: phongvien

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