AIIB wants investment in Da Nang

Thursday, 09/11/2017 20:27
Secretary of the Da Nang city Party Committee Truong Quang Nghia on November 8th received Mr. Linqun Jin, Chairman of Asia Infrastructure Investment Bank (AIIB) on the occasion of APEC 2017 Summit Week.

The meeting between Mr. Truong Quang Nghia and Mr. Linqun Jin. (Photo: danang.gov.vn)

In his speech at the event, Mr. Truong Quang Nghia applauded the rapid development of the bank and hoped the two sides would have cooperative opportunities in infrastructure projects in the future, contributing to the development of the region.

He also introduced the outstanding achievements in Da Nang’s socio-economic development, as well as some results on infrastructure development, especially transport infrastructure projects given priority in the coming time, including Lien Chieu Port, railway station relocation project, and East-West Economic Corridor 2.

The Secretary proposed AIIB to offer opportunities for Da Nang to access the bank’s preferential loans and continue to support and encourage the private sector to invest in infrastructure through intensifying private lending.

According to Mr. Linqun Jin, AIIB takes interest in big projects of Da Nang due to their feasibility and local credibility through the effectiveness of previous loans. In addition, the bank has flexible cooperative forms and mechanisms which can help ease problems on accessing bank loans for the city’s infrastructure development.

Not only the major transport project, if the city needs, AIIB is ready to support investment in electricity and water supply projects as well as development in the west of the hub, he added./.

BTA

RELATED NEWS

Comment
FullName
Email
Contents

/

Confirm