VietNamNet Bridge – The total investment of Japan in real estate projects in Vietnam has reached $1.66 billion, accounting for 4.5% of its total investment in the country.

According to the latest statistics of the Foreign Investment Department, by February 2015 Japan was one of the three largest investors in Vietnam with 2,556 valid projects and total investment of $37.37 billion.

In the first two months of 2015, Japan invested in 25 projects and increased capital in 17 others, totaling $169.83 million. It is the third largest investor after British Virgin Islands and South Korea.

The field of manufacturing and processing industry has been the most attractive to Japanese investors, with 1,316 projects with total registered capital of $31.11 billion, accounting for 83.3% of the total investment.

The second field is real estate with a total capital of $1.66 billion, accounting for 4.5% of the total investment. The next is the construction sector with a total investment of $1.17 billion (3.1% of total investment).

Japanese companies have invested in 49 of the 63 provinces in the country. Thanh Hoa attracts most investment from Japan with a total registered capital of $9.68 billion, accounting for 26% of the total investment.

Hanoi ranks second with 636 projects and a total investment of $4.08 billion (accounting for 10.9% of total investment).

Binh Duong ranks third with a total capital of $3.85 billion (accounting for 10.3% of the total investment).

Some big projects of Japan in Vietnam:

- Nghi Son Refinery Plant in Thanh Hoa province with a total investment of $9 billion

- Bridgestone Tires Vietnam in Hai Phong Industrial Zone, Hai Phong City with total registered capital of $1.22 billion

- Becamex Tokyu project (Tokyu Binh Duong urban area), in Binh Duong province with a total registered capital of $1.2 billion

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