Ho Chi Minh City wants further support from the UK in the building andapplication of the public-private partnership (PPP) model, said a cityofficial.
At a reception for a UK delegation led byPresident of the Vietnam-UK Network James Keith Chapman, ViceChairperson of the municipal People’s Committee Nguyen Thi Hong saidwith its rich experience in PPPs, the UK has assisted Vietnam and HCMCity in particular in this field over the past time.
Thecity has also arranged trips to the UK to explore the country’s PPPmodel and guided its agencies and departments to apply it, she said.
Hong said HCM City has applied such models as the buil d-operate-transfer (BOT) and build and transfer (BT) to mobilisecontributions of different economic sectors to large-scaleinfrastructure projects, adding that the PPP model has been used in theprojects.
According to the official, the UK now has 96projects worth over 700 million USD in HCM City, ranking 11th amongcountries and territories investing in the city.
In reply,James Keith Chapman said his visit aims to explore HCM City and Vietnamat large, expressing his hope that the city will provide the UK sidewith information about its socio-economic situation as well asdevelopment policies in the coming time.
Host and guestcompared notes on the city’s development orientations for the nextdecade, the implementation of the PPP model in infrastructure and socialwelfare.
Established early this year on the occasion of theGeneral Secretary of the Communist Party Nguyen Phu Trong’s visit tothe UK, the Vietnam-UK Network has acted as a bridge to connect the twocountries in trade, investment, education, culture and people-to-peopleexchange, through its links with the UK Foreign Ministry, theInvestment-Trade Agency and the British Council.
The network is sponsored by the Vietnamese Government, Foreign Ministry and donors from the private sector.-VNA
At a reception for a UK delegation led byPresident of the Vietnam-UK Network James Keith Chapman, ViceChairperson of the municipal People’s Committee Nguyen Thi Hong saidwith its rich experience in PPPs, the UK has assisted Vietnam and HCMCity in particular in this field over the past time.
Thecity has also arranged trips to the UK to explore the country’s PPPmodel and guided its agencies and departments to apply it, she said.
Hong said HCM City has applied such models as the buil d-operate-transfer (BOT) and build and transfer (BT) to mobilisecontributions of different economic sectors to large-scaleinfrastructure projects, adding that the PPP model has been used in theprojects.
According to the official, the UK now has 96projects worth over 700 million USD in HCM City, ranking 11th amongcountries and territories investing in the city.
In reply,James Keith Chapman said his visit aims to explore HCM City and Vietnamat large, expressing his hope that the city will provide the UK sidewith information about its socio-economic situation as well asdevelopment policies in the coming time.
Host and guestcompared notes on the city’s development orientations for the nextdecade, the implementation of the PPP model in infrastructure and socialwelfare.
Established early this year on the occasion of theGeneral Secretary of the Communist Party Nguyen Phu Trong’s visit tothe UK, the Vietnam-UK Network has acted as a bridge to connect the twocountries in trade, investment, education, culture and people-to-peopleexchange, through its links with the UK Foreign Ministry, theInvestment-Trade Agency and the British Council.
The network is sponsored by the Vietnamese Government, Foreign Ministry and donors from the private sector.-VNA
