French group urged to expand investment in Vietnam hinh anh 1Prime Minister Nguyen Xuan Phuc (R) and VINCI Chairman Jerome Stubler (Source: VNA)

Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc has hoped that France’s VINCI Group will increase investment in Vietnam, especially in infrastructure and environment.

At a reception in Hanoi on November 29 for visiting VINCI Chairman Jerome Stubler, the PM spoke highly of what have been done by the group and its VINCI Construction Grands Projects in particular in Vietnam, especially projects in environmental protection and wastewater treatment.

As Vietnam is in need of infrastructure development, especially expressways, the Vietnamese Government leader urged VINCI to continue engaging in projects in this field, even purchasing the right to exploit expressways.

Vietnam’s urban areas are developing rapidly, posing an urgent need for clean water supply and wastewater treatment, he said, noting that it is a great chance for VINCI to invest in the country.

He expressed that Vietnam wishes to select good and capable partners via transparent biddings and VINCI may invest in the country in the forms of build-operate-transfer (BOT) and public-private partnership (PPP).

For his part, Jerome Stubler said his group implemented a wastewater treatment project in Hoi An, the central province of Quang Nam 10 years ago and will carry out a water supply project using high technology in Ho Chi Minh City in the coming time.

He expressed wish to engage in other major water supply and drainage projects in Vietnam and even urban railway projects in HCM City.

He also revealed that his group recently signed a cooperation agreement on investment in the Thanh Hoa-Ninh Binh section of the North-South Expressway with the Vietnam Expressway Corporation (VEC).

VNCI hopes the Vietnamese Government, ministries, agencies and localities will support the group in implementing this project, he said, adding that the group will contribute to human resources development in the country.-VNA