IFC, HCMC target result-oriented cooperation

 At the reception, Kyle Kelhofer said IFC commits to continuing its assistance to the city in carrying out public-private partnership (PPP) projects, stressing that IFC has enough experienced personnel to help the Vietnamese southern metropolis build green facilities.

IFC hopes that with successes in using the PPP, mobilising capital from financial confidence and building green facilities, HCM City would become an example of development for other major urban areas in Viet Nam and Asia.

For his part, Vice Chairman Tuyen said Ho Chi Minh City will work closely with the International Finance Corporation (IFC) in translating the memorandum of understanding (MoU) signed by the two sides into projects.

He thanked the institution’s financial support and technical consultations as well as its assistance to Viet Nam in mobilising foreign investments, especially from the private sector.

IFC has actively implemented the MoU it inked with HCM City in December 2017, particularly through the project on building a programme assessing credit confidence in the city, and training courses on green cities for municipal officials, Tuyen said.

Mr. Tuyen urged the corporation to share experience with and provide consultations for the city in mobilising financial resources and investors having adequate experience and technologies in order to help the locality develop in a sustainable and environmentally friendly fashion.

He called on IFC to assist the city in addressing issues regarding green city building, waste treatment and efficient use of energy resources through consultations and connection with investors.

                                                                                                                                            By Vien Nhu