Italian investors keen to invest in industrial parks

Thien Thanh Sanitaryware joint company



Italian investors keen to invest in industrial parks

Italian enterprises are particularly interested in pouring money into projects at industrial parks in Ho Chi Minh City, Dong Nai and Binh Duong provinces, said Chairman of the Italian Chamber of Commerce in Vietnam (ICHAM) Michele D’Ercole at a business forum on November 26.

Italian investors are keen on various fields from engineering, energy, infrastructure and transport to support industry, garment and textile, added Michele D’Ercole.

Additionally, Italian investors also eye to set up joint ventures with local businesses in the areas of science and hi-tech manufacturing.

Deputy Director of the municipal Centre for Trade Promotion and Investment Ho Xuan Lam said Ho Chi Minh City welcomes foreign investors, including those from Italy, to invest in areas of electronics, information technology, engineering, chemical – plastic – rubber, and food processing.

The city also encourages businesses to develop new urban and high-tech areas.

Currently the city is home to 17 industrial parks and processing zones, he noted.

Source: Vietnam+