Da Nang (VNA) – Chairman of the People’s Committee of Da Nang city HuynhDuc Tho on November 12 worked with Director of the Korean International Cooperation Agency (KOICA) in Vietnam Kim Jin-oh on a project to reduce disaster risks funded by theRepublic of Korea (RoK) in thecentral coastal city.
The project will build an Integrated Centre forControlling Green and Smart Urban Resilience (ENSURE Centre) in Da Nang.
According to Kim, Da Nang boasts great potential for smart city developmentbecause of its good IT platform and special attention to preventing natural disasters.
He hoped that with these advantages, and coordination and support from RoKexperts, the ENSURE centre will help Da Nang take the lead in managing risks and forecasting naturaldisasters.
Kim suggested the municipal authorities and relevant agencies and sectorssupport the KOICA in conducting the last survey for the project, towardssigning the project in late 2019 or earlier 2020.
For his part, Tho said Da Nang will create the most favourable conditions forKOICA’s working delegation to carry out the survey.
He highlighted the importance of the project, which follows the RoK’s model, forDa Nang’s development and the goal to turn Da Nang into a smart city.
Tho praised KOICA’s role in securing the RoK Government’s funding for developmentprojects as well as in attracting investment into the Vietnamese city.
Funded by the Korean Ministry of Home Affairs, the RoK’s Daegu city, KOICA,along with Da Nang’s counterpart capital, the ENSUREcentre project has an estimated investment of over 7.5 million USD, implementedfrom 2017-2021.
Once completed, this project is expected to help Da Nang reduce the impacts ofclimate change and natural disasters, and ensure sustainable development.
The relationship between Da Nang and Korean partners has been fruitful in recenttime. The RoK ranked second among foreign investors in Da Nang. Koreans accountfor over 50 percent of the total number of foreign tourists to Da Nang. The RoKEmbassy in Vietnam also plans to establish a Consulate General in the centralcoastal city. Da Nang city has set up a twin relationship with the Korean cityof Daegu./.