Ho Chi Minh City wants to learn from the City of London ’s experience in order to build an international financial area at the new town of Thu Thiem.

Vice Chairman of the HCM City People’s Commitee Le Minh Tri made the statement at a reception for Alderman David Wootton, Lord Mayor of the City of London, a global financial hub in the UK, on September 25.

Tri expressed his hope that London and UK businesses will provide support in human resources training, mechanism and policymaking, and project management for the city. Additionally, the UK ’s experience in carrying out projects in the form of public-private partnership will be very useful for HCM City, he said.

At present, UK businesses are investing in 94 projects worth over 700 million USD in the city.

Wootton said the UK is ready to provide support for the financial area construction, and will call on the leading UK businesses to share their experience in finance and law to carry out the project.

The two sides also agreed to host a dialogue between UK investors and the municipal authorities in the coming time.-VNA