London seminar promotes UK investment in HCM City
(VOV) - HCM City wants to attract more UK investors in the future, Le Hoang Quan, Chairman of the HCM City People’s Committee, told a seminar in London on September 4.
Quan emphasized that HCM City continues to become one of the priority destinations for foreign investors in Vietnam thanks to its advantages, preferential policies and developed infrastructure.
He said with a population of around 10 million, the city is a major economic, cultural, educational, and scientific and technological centre in the southern key economic region.
The city has so far established trade ties with 228 countries and territories in the world. It is now home to 95 UK-invested projects capitalized at US$628 million and 120 representative offices of UK companies.
The presence of 70 UK businesses at the seminar demonstrates the investors’ special interest in the Vietnamese market in general and HCM City in particular, Quan said.
He assured the participants that HCM City highly values any business recommendations to further improve its investment climate so as to attract more foreign investment, especially from the UK and Europe.
Quan said HCM City wants to share development experience with the UK which has advantages in finance and banking and services, as well as in developing the Public-Private Partnership (PPP) model.
Dr. Marcel Steward, WunderEnergy’s Director of Environment and Sustainability, affirmed Vietnam is an attractive destination for foreign investors thanks to its rising position regionally and globally.
The Executive director of Asia House, Michael Lawrence, also emphasized that the seminar offered UK businesses a special chance to connect and seek investment opportunities in HCM City.