Politics

Prime Minister wraps up activities at WEF-ASEAN 2017

Prime Minister Nguyen Xuan Phuc wrapped up his activities at the World Economic Forum on ASEAN 2017 on May 12.
Prime Minister wraps up activities at WEF-ASEAN 2017 ảnh 1Prime Minister Nguyen Xuan Phuc at WEF-ASEAN 2017 (Photo: VNA)
 

Phnom Penh (VNA) – Prime Minister Nguyen Xuan Phuc wrappedup his activities at the World Economic Forum on ASEAN 2017 on May 12 with aspeech at the discussion on smart infrastructure and the reception of the roleof host country of WEF-ASEAN in 2018 from Cambodia.

Addressing the discussion on smart infrastructure, the PMstressed that infrastructure is the prerequisite for economic connectivity anda key issue in building the ASEAN Community.

For Vietnam, infrastructure development is one of the threestrategic breakthroughs in order to restructure the economic and renew thegrowth model, he said, adding that the country needs about 480 billion USD for investmentin infrastructure, to be mobilised mainly from the private sector.

The PM welcomed international companies to invest ininfrastructure in Vietnam, stressing that the Vietnamese Government willfacilitate such investment, especially in the form of Public-PrivatePartnership (PPP).

Receiving the role as the host country of the WEF ASEAN in2018 from Cambodian Prime Minister Samdech Techo Hun Sen, PM Nguyen Xuan Phucsaid the selection of Vietnam to host the WEF regional conference demonstratesthe strong development of the partnership between the WEF and Vietnam, as wellas between Vietnam and the international business community.

The PM and the Vietnamese delegation left Phnom Penh for homelater in the day, concluding their two-day attendance at the World Economic Forumon ASEAN 2017.-VNA

VNA
#World Economic Forum#WEF-ASEAN 2017#smart infrastructure#economic connectivity#prerequisite#ASEAN Community#infrastructure development#Cambodian Prime Minister#Samdech Techo Hun Sen#Vietnamese Prime Minister#Nguyen Xuan Phuc
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