On the afternoon of July 16, Prime Minister Pham Minh Chinh received Mr. Kim Lap Quan - Chairman of the Asian Infrastructure Investment Bank (AIIB) who is on a working visit to Vietnam, according to the Government Newspaper.
Prime Minister Pham Minh Chinh emphasized that Vietnam highly appreciates and attaches importance to developing cooperative relations with AIIB. The Prime Minister said that Vietnam is promoting three strategic breakthroughs, including breakthroughs in strategic infrastructure development such as transportation, healthcare, education, culture, sports, and response infrastructure. Climate change, digital infrastructure, green development infrastructure, circulation...
Regarding transport infrastructure, Vietnam is in great demand in all 5 modes of transport (road, railway, aviation, maritime, inland waterway), but investment must have a focus, focus, thereby creating new development space, new values, contributing to reducing logistics costs, promoting production and business, creating jobs and livelihoods for people and sustainable development.
In the coming time, on the principle of "harmonious benefits, shared risks", both sides win, Prime Minister Pham Minh Chinh asked AIIB to advise, sponsor and support loan capital with preferential interest rates. for Vietnam in large-scale, highly effective infrastructure projects that turn the situation around and transform status such as building the North-South high-speed railway; 3 northern railway lines connect to China and through China connect to Europe and Central Asia; urban railway lines in Hanoi and Ho Chi Minh City.
The President of the Asian Infrastructure Investment Bank congratulated Vietnam's development achievements and impressive economic growth rate over the past time, while the global economy is facing many difficulties.
He also expressed his appreciation for the Prime Minister's speech at the recent World Economic Forum (WEF) Dalian with very correct and correct views.
AIIB Chairman Kim Lap Quan said he will spend about 5 billion USD with preferential interest rates to cooperate with Vietnam.
AIIB leaders highly agreed with the cooperation directions that Prime Minister Pham Minh Chinh emphasized, which focuses on large projects, quick procedures and must bring high efficiency.
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank established in 2016 with 57 founding member countries (including Vietnam).
AIIB's activities in Vietnam recently have mainly focused on the private sector, with 3 projects (total value of 223 million USD) in the fields of supporting COVID-19 response and developing solar energy. solar power, hydropower, and infrastructure to respond to climate change. Currently, AIIB has expressed interest in sponsoring a number of projects in Vietnam in the fields of renewable energy, transport infrastructure, water supply and drainage...
