Japanese firms plan to invest in agriculture in Ha Nam

Illustrative image (Source: VNA)

Ha Nam (VNA) – Many Japanese companiesare planning to invest in the Red River Delta province of Ha Nam, especially inagriculture, and they hope to receive support from the local authorities, aJapanese official has said.

Kosaburo Shmose, First Secretary of the Japanese Embassy in Vietnam, unveiledthis information during a working session between representatives of theembassy, the Japan External TradeOrganisation (JETRO) and the Japan International Cooperation Agency (JICA) with local officials on April 26.

He hailed Ha Nam province’s effortsto improve its investment climate as well as its strong support for Japanesesmall- and medium-sized enterprises operating in the locality.

Vice Chairman of the provincial People’s Committee Truong Minh Hien said developing agriculture is defined as one ofthe province’s three key tasks of economic development in a bid to increasefarmers’ income.

Along with stepping up the application of scientific and technologicaladavances in agricultural production, Ha Nam has been calling on enterprises,especially those from Japan, to invest in and help with high-tech agriculture.

The local authorities approved plansfor four high-tech agriculture areas spanning 500ha in Ly Nhan and Binh Lucdistricts, and Phu Ly city. Of which, almost 300ha were handed over tobusinesses, whose products have been sold on the market

Those plan to invest in agriculture are enabled to lease land for at least 20years and receive assistance in building transport, electricity and irrigation infrastructure,Hien said.

A number of Japanese firms have piloted agricultural production models in the provinceand reaped good results, he added.-VNA

VNA