HCM City seeks Japan’s investment for smart city projects - HCM City seeks Japan’s investment for smart city projects - Website Ho Chi Minh City
Vice Chairman of the Ho Chi Minh City People’s Committee Tran Vinh Tuyen has called on Japanese investors to join the city’s urban development projects, such as infrastructure building, equipment provision and management consultation.
Tuyen made the suggestion at a meeting with officials from Fukuoka prefecture of Japan on March 22 during his ongoing visit to the country, with the focus of the trip learning about dealing with environmental issues and flood protection from Japanese localities.
During the meeting, he revealed that HCM City has announced a project to develop it into a smart city, with mechanisms and policies for the effort already approved by the Vietnamese National Assembly.
HCM City wants to learn about how Fukuoka supports local start-up enterprises, he said.
Tuyen hoped with the role as a legislative body of Fukuoka prefecture, the local council will promote parliament exchange between the two localities, support HCM City in building institutions and foster investment cooperation between the two sides’ enterprises in environmental protection, transport, start-ups and education.
The same day, Vietnamese delegates made field trips to Sannto Lake to study regulating rainwater – an outstanding flood-prevention work in Fukuoka and the Startup Café Fukuoka centre, which provides Japanese entrepreneurs with free start-up information and serves as a venue for them to seek partners.
Tuyen was impressed by the centre, expressing his hope that it will consider supporting HCM City in forming a similar start-up support establishment in the city.
While meeting with staff from the Vietnamese Consulate General in Fukuoka on the same afternoon, he asked for support from the agency to help HCM City sell more traditional products in the Japanese locality.