Vietnam looks to sustainable infrastructure development
15:59 |
Sustainable infrastructure development is a strategic
breakthrough in Vietnam socio-economic development, said Deputy Prime Minister
Vu Van Ninh at the 38th session of the Association of Development Financing
Institutions in Asia and the Pacific (ADFIAP) held in Nha Trang city, central
Khanh Hoa province on May 14.
Vietnam has issued a resolution on the subject and implemented a
number of projects to build highways, airports and seaports, develop clean
energies, and afforest, he stated.
The government leader also lauded practical activities launched
by the ADFIAP.
According to ADFIAP Chairman Pema Tshering, Asia needs around
750 billion USD to improve its infrastructure each year with focuses on
transportation, telecommunications, energy, clean water supply and sanitation.
Regional growth depends largely on the standards of its
infrastructure, which has received significant funding from the ADFIAP, he
said.
The conference gathered more than 100 participants including
State officials, ADFIAP representatives and business leaders. Their discussion
revolved around relevant policy frameworks, sponsorships and support systems.
Comments from participants urged the ADFIAP to consolidate its
role and capitalise on the dynamic regional growth.
A joint statement was issued concluding the session,
highlighting boosting capital mobilisation and investments, strengthening
sponsorship and business collaboration and developing support systems, among
others.
Founded in 1976, the ADFIAP aims to advance sustainable
development through enhancing the financial capacity of its members; 131
institutions in 45 countries have thus far joined the organisation.
Viet Nam Human Rights


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