Japan is keen to help Vietnam improve its infrastructure, a critical area in the 12 co-operation agreements the two countries signed during Japanese Prime Minister Yoshihide Suga’s recent visit to Vietnam.
The Japanese Government and businesses will continue to support Vietnam’s development, especially important projects such as improvement of its water environment and urban railways in Ho Chi Minh City.
The city recently received the first train that will run on its metro line No 1 from Ben Thanh to Suoi Tien theme park and is being built with loans from the Japan International Cooperation Agency (JICA).
The city has also proposed building line No. 3A (Ben Thanh-Tan Kien Station) at an estimated cost of around US$2.82 billion.
Akira Shimizu, Chief Representative of JICA in Vietnam, said that despite the impacts of COVID-19, infrastructure works funded by Japanese ODA are progressing on schedule.
Supporting the Vietnam Government’s desire to not delay public works, JICA has continued to fund various projects, contributing to the economy’s recovery.
Japan has funded a number of infrastructure projects that have improved the lives of people. For instance, a national project to build or upgrade 98 major bridges on 29 national highways in 31 provinces and cities funded by JICA and domestic reciprocal capital was completed in the end of June, and has helped improve transportation.
The Yen Xa wastewater treatment plant in Hanoi funded by Japanese ODA is under construction. When it is complete, household wastewater will be processed before being released into the hitherto polluted To Lich and Lu rivers.
These works fit Vietnam’s priorities, and JICA said it would continue to work with the Government on new projects.