Japanese investors in southern Binh Duong province have complied with their commitments to quickly disbursing investment of their projects, which were licensed last year, said local official.
Among the projects, the 95-million-USD Binh Duong Canary mall funded by the Japanese leading retailer Aeon Corp. is in its final phase and will be put into operation in November, said Mai Hung Dung, Director of the southern province’s Department of Planning and Investment.
Located at the Vietnam – Singapore Industrial Park 1 in Thuan An township, the shopping centre offers 45,000sq.m out of its 75,000sq.m for business activities. Once completed, it is expected to generate jobs for over 1,500 workers
Meanwhile, the Tokyu Binh Duong Garden City, which is being developed with an investment of 1.2 billion USD by Becamex Tokyu – a joint venture between Becamex IDC and Japanese town developer Tokyu Corp., has also completed disbursement for its sub-projects.
Its sub-project Sora Gardens I, which consists of a residential, service and shopping complex, is scheduled to be operational this year.
According to the provincial People’s Committee, the locality has so far attracted more than 2,300 foreign-invested projects with a total registered capital of nearly 19.8 billion USD.
Japan remains the largest investor in the southern province with over 220 projects and nearly 5 billion USD disbursed, focusing on high technology, electronics, medical equipment, food processing, infrastructure and urban areas.-VNA
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