HCM City will make its efforts to better the implementation of projects using official development assistance (ODA), funded by foreign countries and Japan in particular, to ensure their effectiveness.
The Secretary of the municipal Party Committee, Le Thanh Hai, made the statement at the talks with Yasuaki Tanisaki, Japanese Ambassador to Vietnam, in HCM City on July 9.
Hai spoke highly of Japanese ODA, which he said, has brought about a facelift for the city, the country’s southern economic hub, with a range of new infrastructure, notably the East – West avenue project (now Vo Van Kiet avenue).
Along with this, the Japanese-funded metro No. 1 project, which will be launched in the near future, is also expected to leave a deep impression, not only for the city, but the whole country also.
While thanking the Japanese government and people for their assistance to the city, Hai said he hopes Japan will continue supporting the city during its process of implementing ODA projects.
He added that the city is also improving the management of ODA capital.
Tanisaki said Japan is keen to enhance cooperation with Vietnam for the country’s industrialisation and modernisation, especially in building infrastructure.
The diplomat said he believes Japan will keep on providing ODA for Vietnam ‘s development.