Major infrastructure investment priorities discussed
(VOV) - Hanoi hosted a Ministry of Planning and Investment (MPI) and World Bank (WB) seminar on June 27 discussing Vietnam’s major infrastructure priorities and methods for selecting projects deserving investment.
Addressing the seminar, Deputy Planning and Investment Minister Nguyen Van Trung affirmed Vietnam’s huge investment demands shows no signs of slowing between now and 2020.
The WB is one of Vietnam’s most important bilateral partners. Vietnam wishes to learn from the organization’s infrastructure experiences and receive its support, particularly in urban development.
Cledan Mandri Perrott, the WB’s Lead Financial Officer in Singapore, said projects should be selected according to the government’s socio-economic plan.
Vietnam’s socio-economic development plan for the 2011–2015 period enumerates 11 priorities - restructuring the economy, developing the economic and industrial sectors, ensuring culture and social equity, environmental protection, addressing natural disasters and climate change, sustainable urban zoning, and efficiently using resources in modern infrastructure construction.
Delegates also shared their experiences in assessing and evaluating infrastructure projects as well as classifying investment.