HCM City, French businesses cooperate to develop urban transport hinh anh 1Vice Chairman of the People’s Committee of Ho Chi Minh City Tran Vinh Tuyen (first on the right) welcomes French businesses (Source: VNA)

HCM City (VNA) – Vice Chairman of the People’s Committee of Ho Chi Minh City Tran Vinh Tuyen hosted a reception on March 7 for a French business delegation to discuss investment opportunities in urban transport in the city.

Emphasising the two sides’ cooperation potential, Tuyen said that France currently ranks 17th among the 92 nations and territories investing in the city, which does not match the Vietnam-France time-honoured political and cultural relations.

He expressed his hope that the delegation’s visit will open up cooperation prospects for the two sides, especially in urban transport development.

He committed to creating all favourable conditions for French investors.

On behalf of French enterprises, French Consul General to Ho Chi Minh City Vincent Floreani thanked the city for its assistance given to French businesses in implementing several sub-projects of the Metro Line 1 project as well as other projects on waterways and aviation in the city.

He affirmed that transport development is an important and typical cooperation aspect of the France-Vietnam strategic partnership.

The delegation, including leaders of 14 big French companies, showed their interest in the city’s orientation to develop the Metro system and other passenger transportation types.

They affirmed that they have enough technology, experience and economic potential in the urban transport development, hoping to continue cooperating with the city in Metro and urban railway projects.-VNA