Mekong Delta urged to reform plans to attract more investors

Mekong Delta urged to reformYasuzumi Hirotaka, JETRO CEO, said that he had taken part in many conferences about the issue, but nothing changed in reality. Although the Delta has abundant marine products, cheap labour and land-use costs, its marine industry was not advanced technologically, and its market and customer base are poorly developed. In addition, the low quality of infrastructure and services at industrial parks, the lack of local parts and materials, and poor transportation remained challenges in the area.

However, he noted that opportunities still existed, particularly in the processing industry for rice, fruits, shrimp and other products of the region.

Also speaking at the conference, Nakajima Satoshi, consul general of Japan in HCM City, said Can Tho and other provinces in the region should promote their specific geographical advantages to foreign investors.

With a population of 17 million, the region has an abundant labour force, but due to limited jobs available, many people go to HCM City or other provinces like Binh Duong and Dong Nai to look for work.

“Therefore, creating jobs for local people in the region is of great importance,” he told the media.

Nakajima said Japan would continue to cooperate with Viet Nam and the Mekong Delta by introducing the region to Japanese businesses and citizens.

Read more …

http://www.vir.com.vn/news/en/investing/mekong-delta-urged-to-reform-plans-to-attract-more-investors.html

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