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Sumitomo Corporation wants to invest in HCM CityJapanese Group- Sumitomo Corporation is keen to invest in Vietnam’s real estate projects, has said Hirokazu Higashino, General Manager of Sumitomo Corporation’s Building and Overseas Real Estate Business Department.

At a working session with Le Hoang Quan, Chairman of the Ho Chi Minh City People’s Committee on November 21, Hirokazu said the group wants to build a building in district 1 for Japanese businesses.

The group is also interested in the Thu Thiem trade and finance centre on 20ha and expanding a school for Japanese children in district 7, he added.

Over the past 20 years of operation, Sumitomo Corporation has set up two offices in Hanoi and HCM City, and 19 companies with a total of 3,600 workers.

The same day, Quan received Japan’s newly appointed Ambassador to Vietnam Hiroshi Fukada.

The Japanese diplomat expressed his hope that HCM City will be an attractive destination for Japanese investors. However, he said the city should continue with its administration reform to upgrade infrastructure facilities and protect environment.

Currently, the City has around 600 Japan-invested projects worth more than US$3 billion.

(VOV)

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