Mayor receives AIIB President
VGP - Chairman of the Ha Noi People’s Committee Tran Sy Thanh hosted a reception for Asian Infrastructure Investment Bank (AIIB) President Jin Liqun on July 16 in Ha Noi.
Chairman of the Ha Noi People’s Committee Tran Sy Thanh (6th from R) and Asian Infrastructure Investment Bank (AIIB) President Jin Liqun (7th from R), Ha Noi, July 16, 2024
The Chairman of the Ha Noi People's Committee expressed his support for Ha Noi's cooperation with the AIIB and his willingness to work with the Bank's management based on the proposal of the State Bank of Viet Nam (SBV).
Thanh affirmed that the visit of the AIIB delegation was timely, as the National Assembly had recently approved important documents, including the Ha Noi Planning to 2030 with a vision to 2045, and the General Adjustment Planning of the Capital to 2045 with a vision to 2065. These plans aim to restructure the city's appearance and enhance urban infrastructure.
The Chairman informed that Ha Noi plans to add 10 more metro lines, with the basic completion expected by 2035.
Additionally, the recently amended Capital Law grants Ha Noi autonomy in implementing projects and mobilizing both domestic and international resources.
In this context, Ha Noi hopes to receive advice from AIIB investors and experts on planning, implementation methods, and financing strategies to rapidly deploy these projects.
Moreover, the city needs to consider future urban railway lines' technology, uniformity, and integration capabilities.
The AIIB President confirmed that the issues raised by the Mayor were in line with global trends in urban transportation projects. He noted that Ha Noi's approach of having a unique mechanism for project implementation is logical and targeted, minimizing administrative procedures.
The AIIB President emphasized that the bank's priority is to maximize the efficiency of financial resources and operational productivity, with effective design and rapid implementation being crucial factors for each project.
Jin expressed the Bank's desire to have more positive exchanges with the city authorities to open up specific cooperation opportunities.
"The AIIB wants to be a trustworthy partner for Viet Nam, bringing positive impacts to the development of Ha Noi," said Jin.
AIIB President Jin Liqun said that the AIIB is standing ready to provide resources to support Ha Noi to implement railway and highway projects connecting various regions.
Jin said he was honored to have the opportunity to discuss with the Hanoi authorities. He emphasized that Ha Noi's development plays a crucial role in Viet Nam's socio-economic progress.
According to the AIIB President, Viet Nam has been one of the first partners to collaborate with China since the bank's inception.
Over the past 20 years, Viet Nam has made remarkable socio-economic progress and still has significant potential for further development in energy and transportation, aiming to become a modern urban area in the region, he said.
The railway and highway projects connecting different regions are vital backbones. The AIIB is ready to provide resources to help Ha Noi maintain and further its economic and infrastructure achievements, Jin said./.
