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NewsFriday, 05/19/2017, 14:55

HCMC is willing to welcome a new wave of Japanese investment

On a working visit to Japan, on April 7, a delegation of HCMC led by Secretary of HCMC Party Committee Dinh La Thang had a meeting with JICA.


At the reception, Executive Senior Vice President Kazuhiko Koshikawa affirmed JICA is willing to encourage Japanese enterprises to cooperate with HCMC under form of public-private partnership (PPP), promoting technology transfer, training a high quality human resource to run Metro urban railway.

Mr. Kazuhiko Koshikawa highly valued Vietnam-Japan cooperation relation, saying HCMC is an ideal place where Japan has supported implementation of many projects. At the end of 2016, Japan Government has signed 02 financial aid contracts worth JPY145 billion for Metro No 1 project and water environment improvement project.

Speaking at the working visit, Secretary Dinh La Thang said HCMC highly appreciated ODA capital of Japan Government for infrastructure and environment development projects in HCMC such as West East Boulevard, Ben Thanh-Suoi Tien Metro No 1, HCMC-Long Thanh-Dau Giay Expressway. Japan is always the biggest bilateral donor for Vietnam to help the country build basic infrastructure systems. This is an important factor for the city to attract foreign investors including Japanese ones to Vietnam and HCMC.

 

 

HCM CITYWEB


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