Joint working group between HCM City, WB hailed

A joint working group between Ho Chi Minh City and the World Bank (WB) is an exemplary cooperation model, said Chairman of the provincial People’s Committee Phan Van Mai.
Joint working group between HCM City, WB hailed ảnh 1Chairman of the provincial People’s Committee Phan Van Mai (Photo: VNA)

HCM City (VNA) – A joint working group between Ho Chi Minh City andthe World Bank (WB) is an exemplary cooperation model, said Chairman of the provincialPeople’s Committee Phan Van Mai.

During a meetingreviewing the nine-month operation of the group in the city on November 18, Mai hailedthe WB for providing not only financial and human resources support for Vietnam,including Ho Chi Minh City, but also technical support to fine-tune institutionsand improve implementation capacity, thus laying foundation for comprehensive andsustainable development of Vietnam and the southern hub in particular.

Mai pledged to update 40 cooperation contents as the first working results of thegroup into the city’s master plan and bilateral cooperation programme for the2022-2025 period with a vision to 2030.  

The city will prioritise the allocation of sufficient funding for jointprojects with the WB and consider a mechanism to pool social resources, hesaid, suggesting that the WB jointly hold a meeting between the city, WB, relevant ministries and agencies, development partners and investors to seekcapital for city development.

Vo Van Hoan, ViceChairman of the municipal People’s Committee and head of the group, said thegroup has carried out 42 thematic studies in eight priority cooperation areas betweenthe city and the WB, including digital transformation, public-private partnership, low carbon emissions, circular economy, decentralization of State budgetrevenues and management of public assets, urban flood management, planning and developmentof Thu Duc city, and urban transport./.

VNA

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