27/09/2014 10:05 GMT+7 Email Print Like 0

Mekong Delta to promote Japanese investment in agriculture

Can Tho, September 26 (VNA) – Preparations for a meeting in Japan to promote investment in the Mekong Delta’s agricultural sector were discussed by officials from relevant agencies and regional localities in Can Tho city on September 26.

Nguyen Phong Quang, Deputy Head of the Steering Committee for the Southwestern Region’s standing board, said the upcoming meeting will act as a stepping stone for the city and 12 provinces in the region to optimise their agricultural and fishing potential.

He said the localities need to make a list of feasible projects to call for investment and select well-performing businesses to connect them with Japanese partners.

The region should also focus on training human resources, particularly skilled and professional workers, so that they can work well for Japanese businesses, he added.

The Mekong Delta is Vietnam’s biggest producer of rice, fruit, and aquatic products. It produces more than 90 percent of Vietnamese rice exports, which hold a 20 percent share in the global market.

The region also supplies 70 percent and 60 percent of the country’s respective fruit and aquatic exports, the steering committee said.

The Ministry of Planning and Investment said foreign direct investment, especially from Japan, in agriculture in the Mekong Delta remains modest. The region is home to 91 Japanese projects worth a total of 516 million USD, but only six are poured into agriculture, with a capital of 35.5 million USD.

The regional localities plan to attract Japanese investment to 124 agricultural projects in the near future.

The ministry said it hopes the intensification of efforts to promote Japanese investment will provide rich opportunities for the Mekong Delta to boost its agricultural and aquatic production.