Korean agency affirms further assistances to Vietnam

Chairman of the Korea International Cooperation Agency (Koica) Kim In Shik (2nd, L) receives secretary Dinh La Thang in South Korea on September 9 (Photo: SGGP)

Chairman of the Korea International Cooperation Agency (Koica) Kim In Shik affirmed that the agency will attempt to cooperate with Vietnam in general and HCMC in particular to implement projects, especially those under Public Private Partnership (PPP) model, to contribute in intensifying the two nations’ friendly cooperative relationship yesterday.
Mr. Kim said in response to a proposal from HCMC Party Chief Dinh La Thang who paid a courtesy visit to him during an eight-day visit by the city’s high level delegation to South Korea since September 7.
Secretary Dinh La Thang appreciated the effectiveness of Koica operations and programs since the agency’s office was officially established in Vietnam in 1994 with the target to boost activities in technical cooperation and non-refundable aid of Korean Government to the country.
Koica projects and programs have proved effective in the country’s development, he said.
He appreciated the agency’s assistances to do pre-feasibility and feasibility studies for the second phase of the metro line no.5, from Bay Hien crossroads to Can Giuoc bus station.
Mr. Thang proposed Koica to continue studying and putting forward infrastructure projects in HCMC and support the city to develop PPP projects. For instance, the agency should assist the city to build mechanisms to call on private sector to develop infrastructure basing on South Korean and international experiences in implementing PPP projects.
He also seeks Koica support to select suitable PPP projects, train human resources to carry out them, organize auctions to chose investors and improve negotiation skills of PPP contracts.

Secretary Dinh La Thang meets leaders of the Vietnam-South Korea Friendship Association in South Korea on September 9 (Photo: SGGP)
On the same day, Mr. Thang and the delegation visited officials and employees of the Vietnamese Embassy in South Korea and received chairman of the South Korea-Vietnam Friendship Association Choi Yeong-Ju.
The city’s party leader acclaimed positive contributions by the association with many initiatives to assist the community of Vietnamese to fall in line with locals and stably reside, study and work in South Korea.

By Hong Hiep – Translated by Hai Mien

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