HCM City (VNA) – Vice Chairman of the People’s Committee of Ho ChiMinh City Tran Vinh Tuyen hosted a reception on March 7 for a French businessdelegation to discuss investment opportunities in urban transport in the city.
Emphasising the two sides’ cooperation potential, Tuyen saidthat France currently ranks 17th among the 92 nations andterritories investing in the city, which does not match the Vietnam-Francetime-honoured political and cultural relations.
He expressed his hope that the delegation’s visit will openup cooperation prospects for the two sides, especially in urban transportdevelopment.
He committed to creating all favourable conditions forFrench investors.
On behalf of French enterprises, French Consul General to HoChi Minh City Vincent Floreani thanked the city for its assistance given toFrench businesses in implementing several sub-projects of the Metro Line 1project as well as other projects on waterways and aviation in the city.
He affirmed that transport development is an important andtypical cooperation aspect of the France-Vietnam strategic partnership.
The delegation, including leaders of 14 big Frenchcompanies, showed their interest in the city’s orientation to develop the Metrosystem and other passenger transportation types.
They affirmed that they have enough technology, experienceand economic potential in the urban transport development, hoping to continuecooperating with the city in Metro and urban railway projects.-VNA