• An Giang
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  • Yen Bai

Prime Minister receives Vice Chairman of Global Infrastructure Partners

VGP - Prime Minister Pham Minh Chinh hosted a reception for former President of the World Bank (WB) Group and Vice Chairman and Partner at Global Infrastructure Partners (GIP) Jim Yong Kim in Ha Noi on April 17.

April 18, 2023 9:58 AM GMT+7
Prime Minister receives Vice Chairman of Global Infrastructure Partners  - Ảnh 1.

Prime Minister Pham Minh Chinh (R) hosts a reception for former President of the World Bank (WB) Group and Vice Chairman and Partner at Global Infrastructure Partners (GIP) Jim Yong Kim, Ha Noi, April 17, 2023 - Photo: VGP

Pham spoke highly of the contributions of Mr. Jim Yong Kim in promoting the relations between the WB and Viet Nam, particularly in providing financial resources and socio-economic development policy consultancy. 

Pham expected that Jim Yong Kim would continue supporting Viet Nam in getting access to international financial resources and boosting the implementation of high-quality projects. 

He welcomed the GIP's investment in strategic infrastructure in Viet Nam, especially transport, highways and high-speed rail, digital transformation, green tradition, climate change adaption and backing Viet Nam's efforts in achieving net-zero emissions target by 2050. 

He called on the GIP to share experience and information and assist Viet Nam in fields of capital, human resource and management. 

Viet Nam stands ready to create favorable conditions for the GIP to accelerate cooperation and launch successful operation in the country, emphasized the Prime Minister. 

For his part, Jim Yong Kim said that the GIP is interested in investing in transport, energy and digital technology in Viet Nam, willing to invest US$1 billion in the country. 

He hoped that the Government will advocate and direct relevant ministries and agencies to work together with the GIP to build a suitable investment strategy in the nation. 

The GIP is considering to support Viet Nam in upgrading infrastructure, promoting growth, creating more jobs and improving people's lives, he shared. 

The GIP, founded in 2006 and headquartered in New York, the U.S., is a fund that invests in infrastructure assets. It provides investment services in single assets, and portfolios of assets and companies, in power and utilities, natural resources infrastructure, air transport infrastructure, seaports, freight railroad, water distribution and treatment, and waste management./.