Business

Da Nang seeks Japan’s help in urban development

The central city of Da Nang sought urban development experience and assistance from Japan’s Yokohama city during a forum on May 13.
The central city of Da Nang sought urban development experience andassistance from Japan’s Yokohama city during a forum on May 13.

Theforum, the second of its kind, is part of a joint project onsustainable development among Da Nang, Japan’s Yokohama city and theJapan International Cooperation Agency (JICA).

According to the Da Nang People’s Committee Deputy Chairman Nguyen NgocTuan, the trilateral collaboration is an opportunity for localauthorities to share their experience in building central hubs.

Theycan also learn from Yokohama’s urban management in terms ofdevelopment, finance and promoting investments in private-publicpartnership (PPP) projects, Tuan noted.

At thediscussion, a Yokohama representative presented methods to mobiliseresources and implement key projects in the city over the past 50 yearsand how it might be applied to an action plan for Da Nang.

The JICA confirmed its financial and technical support for theVietnamese locality, which voiced its hope to work with Yokohama todevise a detailed development strategy.

The first forum, held in December 2014, discussed basic issues and some key projects in Da Nang.-VNA
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