City leader encourages development of green projects

Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan yesterday met with Mr. Philppe Houerou, the General Director of International Finance Corporation (IFC)- a member of the World Bank (WB).

Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan talks with Mr. Philppe Houerou, the General Director of International Finance Corporation (Photo: Viet Dung)

Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan talks with Mr. Philppe Houerou, the General Director of International Finance Corporation (Photo: Viet Dung)

The city Part Chief evaluated the cooperation relationship between Ho Chi Minh City and IFC.

The Party Chief said that the city welcomes creational proposals of excellence in design for greater efficiencies (EDGE) under the international standard because the encouragement for building green standards is necessary for the city’s sustainable development.

Both sides have actively carried out cooperation contents in a memorandum of understanding (MoU) since December, 2017, on the visit of the city’s high- ranking delegation to the United States led by the city Party Chief.

Particularly, IFC and Ho Chi Minh City adopted credit assessment, PPP (public private partnership) consultancy with Pham Ngoc Thach Medical University, smart traffic such as the electric bus system, smart city (public lighting, construction of water reservoirs, sustainable transport, etc).

City leader encourages development of green projects ảnh 1 Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan and  the General Director of International Finance Corporation discuss on cooperation relationship between Ho Chi Minh City and IFC.
A policy consultancy for construction project of 500-bed General Hospital under the Pham Ngoc Thach Medical University is the first  PPP model in the health sector of Vietnam.
The city leader affirmed that Ho Chi Minh City would continue to coordinate closely with IFC to soon carry out this project.

Secretary Nguyen Thien Nhan said that the city's population increased about one million every five years. Therefore, Ho Chi Minh City attempted to find out  solutions to respond housing, education, health, transport and environmental problems.

He hoped to continue receiving specific proposals from IFC in order to have more and more cooperation programs.

 At the meeting, Mr. Philppe Houerou expressed his impression on Vietnam's development, especially the strong development of Ho Chi Minh City, and he hoped that both sides would continue to develop strategic partnership and cooperation relations.

In the development process, Ho Chi Minh City is able to become a lesson for the country and the world, he said.

Mr. Philppe Houerou pleasured at cooperation results of the parties during previous time and pledged to expand cooperation projects with the city.

He proposed cooperation programs in the fields of transport, environment, waste treatment, construction of green works and houses.

The efficiency of electricity and water consumption of green works will bring environmental and economic benefits, he said.

The implementation of green works as well as the assessment of credit rating will positively impact the mobilization of financial resources to serve the city’s development.

Ho Chi Minh City is carrying out the evaluation of socio-economic plans on urban development, housing, waste treatment, transport, forming financial mechanisms to implement the goals in the past time and the next ten years.

BY KIEU PHONG- Translated by Huyen Huong

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