German firms eye investment in Hanoi

Nguyen Duc Chung Chairman of the municipal People’s Committee (R) and Timo Prekop, member of the OAV Board (Source: VNA)

Hanoi (VNA) – Members of the German Asia-Pacific BusinessAssociation (OAV) want to explore cooperation opportunities in urbandevelopment, infrastructure facility, means of transportation, energy,environment and human resource in Hanoi,

Timo Prekop, member of the OAV Board, informed NguyenDuc Chung Chairman of the municipal People’s Committee of the businesses’ intention at a meeting in Hanoi on November 29.

He said German businesses in general and OAVmembers in particular hope to receive assistance from the city authorities in seeking opportunities in Vietnam.

Welcoming the delegation, Chung said Hanoi is working on some priorities  such as upgrading the supply of clean water to meet European standards, planting one million trees, developing an environmentmonitoring system, and improving local health care facilities and services.

The city wants to apply Europeantechnologies in thosefields, and a number of German advancedtechnologies have been applied in health care, landscaping, and wastewatertreatment, he said.

He called on foreign and domestic firms to invest in waste-to-energysector, build public toilets, and clean lakes and ponds in the city.

Underlining the fruitful cooperation of the two sides, Chung affirmedthat in the coming time, the city will focus on sharing experience,transferring technology and luring investment from European firms, particularlyGerman ones.

Hanoi will facilitate bilateral cooperation with Germany, thuscontributing to promoting the Vietnam – German relationship, Chung pledged.-VNA

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