Japanese businesses seek Mekong Delta investment opportunities.
- 198
- Business
- 22:27 12/10/2023
DNHN - Can Tho be connected to over one hundred Japanese and Vietnamese businesses? VCCI Mekong Delta is in charge of organizing the event. Japanese companies are interested in cooperating in the areas of logistics, agricultural products, and construction..
On the Japanese side, representatives include large corporations such as Senko, Brain Works, and Mizudori General; on the Vietnamese side, representatives include Dong Tam Group and several agricultural and logistics companies in Can Tho and Hau Giang.
Mr. Nguyen Phuong Lam, Director of VCCI Mekong Delta, stated at the ceremony that the Mekong Delta, with a population of 20 million, is a key region for rice, agricultural and seafood development, and transportation requirements. logistics are enormous here. Provinces and cities in the Mekong Delta must also solicit investors in the areas of traffic, transportation, cold storage, and wharves, despite the government's many efforts to attract investment. Japan is the second-largest foreign investor in the Mekong Delta and the third-mover in Vietnam. Currently, Japan is also very concerned with the Mekong Delta region.
Mr. Yasushia Fukuda, Chairman and General Director of the Senko Group, spoke at the occasion: Here, we are investigating business opportunities. Construction, e-commerce, chemicals, logistics, services, retail... multi-industry corporation with a factory in the North, more than 23,000 employees worldwide, and offices in more than 20 countries. Senko Group desires to collaborate with communities in the Mekong Delta.
Mr. Vo Quoc Thang, Chairman of Dong Tam Group, stated: I have always believed this to be an investment-worthy piece of land, and I intend to invest here. The Mekong Delta comprises 12 percent of the country's land area and 18 percent of its population. It is a rice and seafood production center, supplying sixty percent of seafood and ninety percent of rice. 70% of export and import goods from the Mekong Delta must be transported by road to the port cluster in Ho Chi Minh City. This increases transportation costs, takes a great deal of time, degrades product quality, and increases road traffic congestion. However, the interregional transport network has not kept pace with economic growth.
The Ministry of Transport has conducted a preliminary feasibility study on areas with favorable geographical locations for wharf construction. The Ministry of Transport has selected the unit for investment. Planning indicates that the area of the Tran De deep-water seaport is approximately 550 hectares, with an 18-kilometer-long sea-crossing pier. The port can accommodate general ships, container ships of at least 100,000 tonnes, and bulk cargo ships of 160,000 tonnes.
Mr. Ngo Thanh Toan, Deputy Director of the Department of Planning and Investment of Soc Trang province, spoke to Japanese businesses about the potential of Tran De port. Concerning traffic roads surrounding the port and connecting the port to other communities. Countries will make investments, but the port's internal infrastructure will be socialized. The province encourages businesses to invest through a variety of preferential policies, such as: applying a preferential tax rate of 10% for 15 years; tax exemption for 4 years, a 50% reduction of taxes payable for the subsequent 9 years, and exemption from land rent and water surface rent for the duration of the rental period; and tax exemption for imported goods used to create fixed assets.
During the meeting, Japanese businesses such as mushroom farming and the construction of prefabricated wooden and canvas housing models presented new technologies and business opportunities for collaboration with Vietnamese businesses. Male.
Thu Hien – Phuoc Lap
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