IMF leader suggests HCM City invest more in infrastructure

She also proposed setting up a “business consultancy council” which includes successful entrepreneurs so that they can popularize the city’s investment policies to investors. 

Ho Chi Minh City is aiming to attract more investment in information technology, electronics, mechanics, rubber and plastic, and food processing, 

During its development process, the city is making every effort to ensure for sustainable economic growth and include environmental protection, social welfare and security and order maintenance in economic development, Phong told the IMF leader.

Greater attention is given to increasing the competitiveness of the city, enterprises and products, including helping businesses meet export markets’ strict requirements, raising the quality of human resources, and modernising the infrastructure system. 

HCM City is encouraging investors to participate in infrastructure development, and using official development assistance in urban planning, the municipal leader said.