Ho Chi Minh city, RoK increase infrastructure development cooperation

Tuesday, 11/06/2019 09:56
Politburo member and Secretary of the Ho Chi Minh city Party Committee Nguyen Thien Nhan stressed that the cooperative relationship between Vietnam and the Republic of Korea has developed more and more in diverse areas.

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At the reception (Photo: hcmcpv.org.vn)

On June 8th, he received representatives from the Korean group LF and companies  Koramco and Stealth Mode, led by Koo Bon Keul, President and General Director of LF Group, on a working visit to Ho Chi Minh city.

During the reception, Mr. Nhan noted that Ho Chi Minh city is planning to turn 3 districts into innovation urban areas. Additionally, the city continues to increase its expected area of 1,000 hectares of land for industrial development, as a foundation for attracting investment. “The city encourages investment in projects with new technologies, as well as in infrastructure development,” he said, adding that he believed that Korean businesses in general and LF group in particular would be experienced and capable enough to participate in the investment.

Saying that LF Group, Koramco and Stealth Mode Companies came to Ho Chi Minh city to study the investment environment, LF Group President Koo Bon Keul expressed his hope that the city would offer favorable conditions for Korean businesses to invest in economics, education and healthcare./.

Compiled by BTA

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