Japan continues to help Vietnam build infrastructure
Japan is keen to help Vietnam improve its infrastructure, a critical area in the 12 co-operation agreements the two countries signed during Japanese Prime Minister Yoshihide Suga’s recent visit to Vietnam.
Many of Vietnam’s infrastructure works are being funded by Japanese official development assistance (Photo: VNA)
HCMCity (VNS/VNA) - Japan is keen to help Vietnam improve itsinfrastructure, a critical area in the 12 co-operation agreements the twocountries signed during Japanese Prime Minister Yoshihide Suga’s recent visitto Vietnam.
TheJapanese Government and businesses will continue to support Vietnam’s development,especially important projects such as improvement of its water environment andurban railways in Ho Chi Minh City.
Thecity recently received the first train that will run on its metro line No 1from Ben Thanh to Suoi Tien theme park and is being built with loans from theJapan International Cooperation Agency (JICA).
Thecity has also proposed building line No. 3A (Ben Thanh-Tan Kien Station) at anestimated cost of around 2.82 billion USD.
AkiraShimizu, Chief Representative of JICA in Vietnam, said that despite the impactsof COVID-19, infrastructure works funded by Japanese ODA are progressing onschedule.
Supportingthe Vietnam Government’s desire to not delay public works, JICA has continuedto fund various projects, contributing to the economy’s recovery.
Japanhas funded a number of infrastructure projects that have improved the lives ofpeople. For instance, a national project to build or upgrade 98 major bridgeson 29 national highways in 31 provinces and cities funded by JICA and domesticreciprocal capital was completed in the end of June, and has helped improvetransportation.
TheYen Xa wastewater treatment plant in Hanoi funded by Japanese ODA is underconstruction. When it is complete, household wastewater will be processedbefore being released into the hitherto polluted To Lich and Lu rivers.
Theseworks fit Vietnam’s priorities, and JICA said it would continue to work withthe Government on new projects./.
Japanese Prime Minister Yoshihide Suga and his wife started their official visit to Vietnam from October 18 afternoon at the invitation of Prime Minister Nguyen Xuan Phuc.
Deputy Foreign Minister Le Hoai Trung, empowered by State President Nguyen Phu Trong, on October 19 presented a Friendship Order of the Vietnamese State to Iijima Isao, Special Advisor to the Japanese Prime Minister, in honour of his contributions to Vietnam - Japan ties.
Head of the Party Central Committee’s Organisation Commission and Chairman of the Vietnam – Japan Friendship Parliamentarians’ Group (VJFPG) Pham Minh Chinh met visiting Japanese Prime Minister Suga Yoshihide on October 19.
The spokesman of the Japanese Prime Minister during the latter’s official visit to Vietnam from October 18-20, Yoshida Tomoyuki, on October 19 informed the outcomes of the ongoing trip by PM Suga Yoshihide and his spouse.
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PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Many of Vietnam’s infrastructure works are being funded by Japanese official development assistance (Photo: VNA) 
