VN welcomes investment in infrastructure projects

May 14, 2015 | 17:03
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Deputy PM Vu Van Ninh expected that leaders ofthe Association of Development Financing Institutions in the Asia-Pacific (ADFIAP) will exchange ideas and opportunities for further cooperation in the future.  
Photo: VGP/Thanh Chung

Deputy PM Vu Van Ninh on May 14 attended the 38th Annual Meeting of the ADFIAP in Nha Trang City, Khanh Hoa Province.

With the theme: “Development Finance Institutions (DFIs)& Sustainable Infrastructure: Policy Framework, Operational Best practices and Challenges”, the event played a crucial role in emerging economies in general and Viet Nam in particular to cope with challenges on infrastructure, social security, environmental protection and comprehensive growth.

The event creates a chance for financial institutions to meet, cooperate and launch breakthroughs to bring a sustainable future for each member and society, said Chairman of ADFIAP Pema Tshering.

The Association’s financial institutions in terms of infrastructure and development have made positive contributions and affirmed their importance to a number of nations’ socio-economic development, said Deputy PM Ninh.

On behalf of the Vietnamese Government, he highly valued activities of the Association, stressing the importance of cooperation, sharing experience and joint action for the sustainable development of each nation, the region and the world.

He hoped that leaders of the ADFIAP will discuss and share experience on assistance for infrastructure development in its country member, asserting that the Vietnamese Government will facilitate to these financial institutions to successfully invest in infrastructure project in Viet Nam.

Founded in 1976, ADFIAP is a non-governmental organization which acts to respond to the need of development banks in the region to be linked and mutually supported to improve the development finance.

VGP

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