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WB ready to help Vietnam develop transport infrastructure

The World Bank (WB) is ready to assist Vietnam in developing infrastructure system, especially transport infrastructure, WB Country Director for Vietnam Ousmane Dione told Deputy Prime Minister Trinh Dinh Dung.
WB ready to help Vietnam develop transport infrastructure ảnh 1Deputy Prime Minister Trinh Dinh Dung (R) receives WB Country Director for Vietnam Ousmane Dione on May 29 (Photo: VNA)

Hanoi (VNA) – The World Bank (WB) is ready to assist Vietnam in developinginfrastructure system, especially transport infrastructure, WB Country Directorfor Vietnam Ousmane Dione told Deputy Prime Minister Trinh Dinh Dung.

At their meeting in Hanoi on May 29, Deputy PMDung and officials of the Ministry of Transport and relevant ministries andagencies, and WB experts discussed solutions to mobilise resources for andeffectively implement projects to develop infrastructure, especially transportinfrastructure.

Deputy PM Dung highly evaluated the WB’s supportfor Vietnam in infrastructure and socio-economic development, which has createdfirm prerequisites for sustainable development.

The Deputy PM also appreciated the WB’sproposals which were based on leading specialists’ studies. He noted thattransport infrastructure in Vietnam has developed strongly but still has manyshortcomings, including a lack of synchronous and high-quality infrastructure,and lax connectivity and unsuitable structure of means of transport.

Expressing the WB’s readiness to support thecountry, Ousmane Dione said the WB can help the Vietnamese Government design areasonable mechanism for risk allocation in the implementation ofinfrastructure projects.

TheWB can also assist Vietnam in preparing projects, mobilise official developmentassistance for some sections of the North-South expressway, and attract privatecapital under the form of public-private partnership (PPP).

Deputy PM Dung shared WB specialists’ view onthe need for the State to share investment risks so that businesses can focuson improving project quality and investment effectiveness.

He asked the WB to continue considering inlandwaterway transport, particularly in the Mekong Delta, and rail transport inVietnam, including helping the country to prepare for a North-South expresstrain project.

Regarding the WB’s proposed technical supportfor some projects, he said with its experience, the WB will surely help Vietnampromote investment quality and effectiveness.-VNA
VNA
#World Bank #WB Country Director for Vietnam Ousmane Dione #Deputy Prime Minister Trinh Dinh Dung #transport infrastructure #transport infrastructure in Vietnam #infrastructure projects #public-private partnership #updated Vietnam news #Vietnamplus #Vietnam News Agency
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