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Thursday, April 25, 2024

HCMC calls for investment in 28 green growth projects

The Saigon Times

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HCMC – The HCMC government has released a list of 28 projects which will be introduced at a conference on green growth slated for tomorrow, January 24.

The event is part of a joint effort between HCMC and the World Bank to advance green growth and sustainability in the city.

The conference will bring together development partners, potential investors, experts, organizations, and businesses from both Vietnam and across the globe to deliberate on the city’s key investment projects.

These 28 projects, integral to HCMC’s green growth vision, span diverse sectors such as technology, infrastructure, and the environment.

In terms of technology, HCMC is inviting investment in several key projects at the Saigon Hi-Tech Park (SHTP) in Thu Duc City, encompassing research and production in electronics, semiconductors, and integrated circuits. The overall investment amounts to US$190 million.

The city is also seeking investment in a US$302-million data center at SHTP.

As for infrastructure development, HCMC is in need of capital for several big-ticket projects, such as the HCMC-Moc Bai expressway valued at US$860 million, the US$602 million expansion of National Highway 13, and the US$460 million construction of Can Gio Bridge across Soai Rap River.

The city is also extending an invitation for investment in multiple environment projects, encompassing wastewater treatment, environmental enhancement, and urban improvement.

During the upcoming conference, HCMC will outline its socioeconomic growth plan, policy tools, and an initial framework for the city’s green economic development strategy. Solutions will be proposed to foster public-private partnerships and support green initiatives.

The event will serve as an opportunity for the city to promote its green growth agenda and attract essential investment for realizing its sustainability objectives.

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