Thu Duc city seeks investment in 11 PPP projects

Authorities of Thu Duc city, Ho Chi Minh City, held a conference on April 17 to draw investment in 11 public-private partnership (PPP) projects in the fields of education, culture and sports, with a total capital of over 2 trillion VND (83.3 million USD).
Thu Duc city seeks investment in 11 PPP projects ảnh 1An overview of a sport centre in Thu Duc city. (Photo: VNA)

HCMCity (VNA) - Authorities of Thu Duc city, Ho Chi Minh City, held a conference onApril 17 to draw investment in 11 public-private partnership (PPP) projects inthe fields of education, culture and sports, with a total capital of over 2trillion VND (83.3 million USD).

Among them, three projects have been approvedfor investment by the HCM City People's Council, involving theconstruction of international standard schools in the new Thu Thiem urban area,with a combined capital of about 418 billion VND, said Director of Thu Duccity’s Investment and Trade Promotion Centre Nguyen Thi Tuyet Nga.

The remaining works, which fall under thefields of education, culture and sports, represent a total capital of over 1.6trillion VND. They have been submitted to the HCM City People'sCommittee for consideration.

Vice Chairman of the Thu Duc People’sCommittee Mai Huu Quyet committed full support to firms throughoutthe implementation process, assuring that the city will actively address anychallenges that may arise, ensuring the timely completion of these projects.

The conference was also meant to actualise the NationalAssembly’s Resolution on piloting distinct mechanisms and policies for thedevelopment of Ho Chi Minh City, including Thu Duc./.

VNA

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