Japanese firms want to join HCM City’s infrastructure projects
Japanese businesses commit to using advanced technologies to develop urban infrastructure in Ho Chi Minh City, said President of the Japan Conference on Overseas Development of Eco-Cities (J-CODE) Keiji Kimura.
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J-CODE President Keiji Kimura (L) and Chairman of HCM City People's Committe Nguyen Thanh Phong |
HoREA Chairman Le Hoang Chau said there remain nearly 1,200 real estate projects in the city that are calling for cooperation and joint-ventures with partners, especially those from Japan.
Deputy Director of the municipal Construction Department Le Tran Kien said between 2016 and 2020, the city is striving to relocate 20,000 households living on and along dykes and canals.
Urban landscaping projects are divided into three categories, including those using State budget, those regarding commercial housing construction in combination with urban development, and those in the form of public-private partnership.
By 2020, the city plans to repair, upgrade and build half of 474 old apartment buildings built before 1975, he said.