JICA, Ha Noi work to accelerate ODA projects

At the reception, Konaka praised the Vietnamese Government and Ha Noi for their efforts in the fight against the epidemic, saying that Viet Nam’s performance is even better than Japan’s.

The JICA official noted that Japan’s ODA funds have been used effectively in Ha Noi, citing the Yen Xa water plant as an example.

He added that when the Hoa Lac Hi-Tech Zone project is completed, Ha Noi will have many opportunities to attract investment from foreign technology companies.

In addition, he also asked the municipal authority to quickly address existing shortcomings in projects funded by Japanese ODA in the city, and continue to support JICA’s activities in the furture.

In turn, Chairman of the municipal People’s Committee Nguyen Duc Chung said projects invested by Japanese investors or funded by Japanese official development assistance (ODA) capital have played a crucial role in economic development of Viet Nam and Ha Noi in particular.

Effects caused by the COVID-19 epidemic on the world’s top ten economies, including Japan, will impact greatly on Viet Nam's economy, according to Chung.

Mr. Chung expressed the hope that the two sides will work closely together to accelerate the implementation of Japan’s investment projects in the city, thus further strengthening their cooperation and reducing losses caused by the pandemic.

The capital city is doing its utmost to prevent the spread of the COVID-19, he said, adding that the experience of Japan, China and the Republic of Korea in this work has proven effective./.

By Vien Nhu