Japanese ODA Projects Benefit HCM City

Japan-Viet Nam Friendship Society President Wada Sadao of the Japanese Kansai region has pledged to boost cooperation with Ho Chi Minh City, especially investment in urban and liquid waste treatment projects.

Wada Sadao, who is also President of the Medium- and Small Enterprises Association of the Kansai region, made the promises during his meeting with HCM City People’s Committee Chairman Le Hoang Quan on April 27.

Tan Son Nhat airport, one of the many projects in HCMC funded by Japanese ODA

As the head of a 22-strong Japanese business mission on a field trip to Viet Nam, Sadao also promised to report Viet Nam’s drastic growth to his Prime Minister for stronger investment into the Southeast Asian country.

Chairman Quan told his guest that Japanese ODA projects are making great contributions to Viet Nam’s largest economic hub. He said the Tan Son Nhat airport is now one of the 100 busiest in the world and the Thu Thiem tunnel is the most modern in Southeast Asia.

Other projects such as the East- West Avenue, the Metro 1 system and a liquid waste treatment factory have all been significant to the city’s economy.

Japan is the largest donor of official development assistance (ODA) to Viet Nam.

Source: VNA

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