The Ministry of Public Security in conjunction with Ministry of Planning & Investment organized the conference on October 24 to mobilize foreign investors, aiming to attract official development assistance (ODA) capital for Public Security Industry’s development.
The ministry of public security targets that it will call for the total investment capital of VND 70,000 to 80,000 (US$ 3.8billion), from now till 2020. The ministry will mobilize around US$ 200million from ODA capital to equip the science technology means, aiming to serve community.
The ministry carried out 29 ODA programs with US$ 156 million from four donors worldwide including France, Austria, Japan and Korea in 2013. To date, the disbursement has reached US$ 132 million.
The ODA capital has contributed to modernize equipments for the fire prevention and fighting & rescuing sectors and managing residents as well as supervising traffic.
Of these, the fire prevention & fighting and rescuing sectors have received around US$ 100million from ODA capital.