A delegation from Japan’s Saitama Agata Bank, led by its ManagingDirector Suzuki Tsutomo, is visiting the southern province of Binh Duongto explore the locality’s investment environment.

Thedelegation also includes 20 leaders of small-and-medium-sizedenterprises operating in the support industry of Saitama prefecture.

Receiving the delegation on March 7, Chairman of the Binh DuongPeople’s Committee Le Thanh Cung told the visiting businesses that theycould pour their money into Binh Duong, which is seeking investment inits support industry.

Binh Duong has zoned more than 1,500hectares of land in industrial parks for new projects, he said, notingthe good infrastructure and abundant and qualified labour forces there.

The official added that the province has conducted reform inadministrative procedures in order to make business easier forinvestors.

At the meeting, the Japanese businessmen werebriefed on Binh Duong’s socio economic development and foreigninvestment attraction over the past years by Mai Hung Dung, Director ofthe provincial Department of Planning and Investment.

In thefirst two months of this year, Japan poured an additional 246 millionUSD into Binh Duong, making up 35 percent of the total foreign directinvestment (FDI) in the locality, he said.

With 216 projectsworth more than 4.6 billion USD in Binh Duong, Japan has become thelargest foreign investor among 39 countries and territories investing inthe locality.

The same day, the Japanese delegation made afact-finding trip to the Becamex IDC Corporation, which is a partner in ajoint venture of Japan’s Tokyu group to build the 1.2 billion USD Tokyuurban area in Binh Duong, and visited Binh Duong New City.-VNA