HCM City (VNA) – The Viet-PanTechno Park in Ho Chi Minh City has served as a model for similar projects tolure foreign investors from Japan and other countries to the city, said ViceStanding Chairman of the municipal People’s Committee Le Thanh Liem.
The official made the statement during aceremony marking the fifth founding anniversary of the Viet-Pan Techno Park atthe Hiep Phuoc Industrial Park in HCM City on August 28.
The event also marked the completion ofinfrastructure at the park.
The Viet-Pan Techno Park, which providesservice packages for investors, has enabled Japanese investors to shorten theirpreparation time, save management costs, and promptly implement businessactivities to ensure efficiency, he added.
Liem also spoke highly of Japanese firms asthey have introduced advanced technology in Vietnam and opened training coursesfor Vietnamese workers, which contributed greatly to the city’s industrialisationand modernisation process.
Currently, there are 118 Japanesebusinesses operating in HCM City’s processing and industrial zones, withinvestment capital totalling 1.4 billion USD mostly in mechanics and electronics.
Director of the Viet-Pan Techno ParkJinjiro Kimura said the park aims to draw Japan’s small- and medium-sizedenterprises in supportive industries to the city, by offering themJapanese-standard infrastructure.
After five years, the techno park is now hometo 15 Japanese firms in precise mechanics and high technology. It will work toenhance links between businesses of the two countries in the coming time,aiming to create a supply chain in supportive industries. –VNA