HCM City wants French investment in transport, urban development
Ho Chi Minh City wants to cooperate with France in transport infrastructure and urban development projects, said Secretary of the municipal Party Committee Nguyen Thien Nhan.
Secretary of the municipal Party Committee Nguyen Thien Nhan and his French guests. (Photo: hcmcpv.org.vn)
HCM City (VNA) – Ho Chi Minh City wants to cooperate with France intransport infrastructure and urban development projects, said Secretary of themunicipal Party Committee Nguyen Thien Nhan.
He made the statement while meeting French Consul General in Ho Chi Minh CityVincent Floreani and Director of the French Development Agency (AFD) in VietnamFabrice Richy on October 12.
Vietnam and France have enjoyed ties in various fields, Nhan said, noting that HoChi Minh City has been home to many cooperation projects between the twocountries, including HCM City Financial Investment Company, Hiep Phuoc port andFranco-Vietnamese Hostpital.
Ho Chi Minh City wants the AFD to continue its efforts to promote relationsbetween France and the Vietnamese southern hub, he added.
Nhan said that the city is in need of support in transport infrastructureplanning for socio-economic development of a special urban area of 10-15million people.
The city is prioritising investment in ring roads connecting with neighbouringprovinces, metro lines, Tan Son Nhat International Airport and other transportprojects to ease traffic jams.
In addition, floods, fresh water for local people and the preservation ofhistoric relic sites are also challenges for the city, Nhan said, expressinghis hope that the AFD will support the city with both finance and skills.
According to the French Consul General, Ho Chi Minh City is home to 80 percentof French investment in Vietnam and houses a lot of French architectural works.
He said that French Government wants to work with Ho Chi Minh City ininfrastructure development and cooperate with local businesses to branch outeconomy and trade.
Meanwhile, Richy stated that the AFD and French investors are interested in thesecond stage of the metro line No.2 Ben Thanh- Tham Luong and sustainable andgreen public transport system in the city.
Along with French resources, the AFD will mobilise others from the EU to helpHCM City develop infrastructure and handle other issues in urban development,he said, adding that the move will help consolidate relations between the twonations.-VNA
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Secretary of the municipal Party Committee Nguyen Thien Nhan and his French guests.
