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Japan to increase ODA for Vietnam

VMGOP – Japanese Deputy Land, Infrastructure and Transport Minister Mochizuku Yoshio confirmed so while meeting PM Nguyễn Tấn Dũng in the afternoon of May 03 in Hanoi.

May 04, 2007 7:05 AM GMT+7

 

PM Nguyễn Tấn Dũng receives Japanese Deputy Minister Mochizuku Yoshio - Photo: VNGOP

PM Nguyễn Tấn Dũng asserted that the good comprehensive cooperation between Vietnam and Japan was based on solid political and diplomatic ties. Vietnam is always considered an important place for Japan to realize its direct investment projects. By being the biggest ODA provider of Vietnam, Japan can improve its status, role and prestige in cooperating with other ASEAN members.

According to Deputy Minister Mochizuku Yoshio, Vietnam plays an important part in promoting economic development in ASEAN member countries. He affirmed that Japan will continue to support Vietnam in implementing major projects on aviation and developing road network, railway system and insurance.

PM Nguyễn Tấn Dũng highly spoke of the results of the meeting in the May 03 morning of the Vietnam-Japan Joint Steering Committee for three major projects supported by the Japanese Government: North-South Highway, North-South Express Railway, and the Hòa Lạc Hi-tech Park. The PM said that the realization of these three projects has a strategic significance in Vietnam’s economic development. Mentioning the first project, he suggested the two sides to build a highway from Hanoi to Nghệ An right after the construction of the Hồ Chí Minh City-Long Thành-Dầu Giây Highway. PM Nguyễn Tấn Dũng agreed that the Japanese side immediately starts training managers for the project on North-South express railway. He expressed his hope that Japan will provide ODA capital to build infrastructure in the Hòa Lạc Hi-tech Park to attract more investors.

Vietnam always encourages and gives best conditions for Japanese enterprises to do investment in Vietnam, especially in such fields of maritime industry, seaport, transport, gas and oil exploitation, affirmed the PM.

By Xuân Hồng