World Bank CEO Kristalina Georgieva (Photo: VNA) HCM City (VNA) – The southern metropolisof Ho Chi Minh City and the World Bank have agreed to shake hands to improvethe quality of life for the city dwellers.
The agreementwas reached by Chairman of the municipal People’s Committee Nguyen Thanh Phongand Chief Executive Officer of the World Bank Kristalina Georgieva during theirmeeting in the city on March 24 morning.
Phong thanked the bank for supporting the city tocarry out projects to address such major issues as environment pollution,climate change adaptation, and local living standard improvement.
The city’s authorities pledged to make effectiveuse of the WB loans and closely work with the bank to implement the aforesaidprojects for the sake of the people, he said.
He expressed his belief that the WB in Vietnamwill continue its active role in developing the bilateral sound relations.
The Chairman pledged to direct competentagencies to ensure the progress of projects, including the second phrase of theenvironmental sanitation project, and the flood risk management project.
He proposed the WB provide financial assistancefor the city to implement environmental and urban projects, including theconstruction of the metro line No.6 and the canal reclamation in District 8.
Kristalina Georgieva said she wants to pushahead with cooperation with HCM City to address difficulties in urbandevelopment, particularly climate change adaptation and transport infrastructureimprovement.
She took note of the city’s proposals andaffirmed the WB’s capacity and readiness to support HCM City to realizesignificant projects to increase its competitive edge and position, thusbringing a better life for local residents.
The two sideswill seek new and more effective cooperation methods for technical assistance,development project supervision, and the improvement of human resources forproject and urban governance, she added.-VNA
