HCM City, IFC target result-oriented cooperation
HCM City (VNA) – Ho Chi Minh City
will work closely with the International Finance Corporation (IFC) in translating
the memorandum of understanding (MoU) signed by the two sides into projects,
said a municipal official.
At a reception for Kyle Kelhofer, IFC
Country Manager for Cambodia, Laos and Vietnam, in HCM City on June 12, Vice
Chairman of the municipal People’s Committee Tran Vinh Tuyen thanked the
institution’s financial support and technical consultations as well as its
assistance to Vietnam in mobilising foreign investments, especially from the
private sector.
IFC has actively implemented the MoU it inked
with HCM City in December 2017, particularly through the project on building a
programme assessing credit confidence in the city, and training courses on
green cities for municipal officials, Tuyen said.
He urged the corporation to share experience
with and provide consultations for the city in mobilising financial resources
and investors having adequate experience and technologies in order to help the locality
develop in a sustainable and environmentally friendly fashion.
The official called on IFC to assist the
city in addressing issues regarding green city building, waste treatment and
efficient use of energy resources through consultations and connection with
investors.
In reply, Kyle Kelhofer said IFC commits to
continuing its assistance to the city in carrying out public-private
partnership (PPP) projects, stressing that IFC has enough experienced personnel
to help the Vietnamese southern metropolis build green facilities.
IFC hopes that with successes in using the PPP,
mobilising capital from financial confidence and building green facilities, HCM
City would become an example of development for other major urban areas in
Vietnam and Asia. -VNA