Hanoi ready to cooperate with the World Bank to develop urban transport

WVR - Hanoi is ready to share information with the World Bank to facilitate their participation in initiatives relating to green and sustainable development.
Chairman of Hanoi People's Committee Tran Sy Thanh (right) and Carolyn Turk, World Bank Country Director to Vietnam. (Photo: HNM)
Chairman of Hanoi People's Committee Tran Sy Thanh (right) and Carolyn Turk, World Bank Country Director to Vietnam. (Photo: HNM)

On the afternoon of October 25, at the headquarters of the Hanoi People's Committee, Member of the Party Central Committee, Chairman of the Hanoi People's Committee Tran Sy Thanh received Ms. Carolyn Turk, World Bank Country Director to Vietnam.

Speaking at the meeting, Ms. Carolyn Turk thanked the leaders of Hanoi for the respectful welcome. Referring to a recent meeting between Prime Minister Pham Minh Chinh and World Bank President Ajay Banga, during which the Vietnamese government leader proposed the World Bank increase its support for the country, particularly in the field of urban transportation, Ms. Turk said that it is currently engaged in discussions with a number of Vietnamese localities, including Hanoi, to execute specific projects.

She expressed her interest in understanding Hanoi's specific development goals to explore cooperation plans in the future. According to the World Bank Country Director to Vietnam, this is the right time to update Hanoi's new priorities and goals and establish a more effective cooperation mechanism with the World Bank.

Agreeing with the proposal from the World Bank Country Director to Vietnam, Chairman of Hanoi People's Committee Tran Sy Thanh affirmed that Hanoi always considers the World Bank an important development partner.

Hanoi hopes for the World Bank's continued support to and collaboration with Hanoi in the implementation of projects across various fields, including wastewater management and the establishment of ten urban railway routes as well as tackling water and air pollution to enhance the quality of life for its residents.

Expressing appreciation for the World Bank's proactive and effective support to Hanoi throughout the preceding years, Thanh noted that the World Bank has to date sponsored 11 projects in the capital with a loan capital of 270 million USD.

These projects have spanned various sectors, from providing clean water to suburban areas, wastewater treatment to constructing some public transportation routes.

He briefed the guest on its future perspectives, saying that Hanoi is in the process of formulating the capital planning until 2030, with a vision for 2045, adjustments to the Capital's General Planning until 2045, and a vision for 2065 that outlines the city's primary objectives and meet global trends in energy conversion and smart transportation.

He went on to say that it is amending the Capital Law to establish policy mechanisms that align with its evolving development goals, adding that the city is ready to share information with the World Bank to facilitate their participation in initiatives relating to green and sustainable development.

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