(VOVWORLD) - President Nguyen Xuan Phuc had a meeting with leaders of Ho Chi Minh City on Wednesday to discuss a conference to promote investment in the city's Hoc Mon and Cu Chi districts, which is slated for early April.
 President Nguyen Xuan Phuc speaks at the meeting (Photo: VNA) |
Addressing the working session, President Phuc stressed that the further westward expansion of economic development space for HCM City is a strategic decision that is expected to create long-term livelihoods for local residents and develop a new urban area.
He said that Hoc Mon and Cu Chi districts will become a new growth pole for HCM City, and underlined the need for careful selection of projects that can optimise the potential and advantages of the two localities when calling for investment.
The State leader emphasized the balance between socio-economic development and environmental protection, asking the municipal authorities to pay attention to issues related to waste treatment and housing for workers.
According to the conference's organising board, exhibitions will be held within the event's framework to introduce 55 projects calling for investment in the two districts as well as local high-tech agricultural products.
The projects, which need 12.5 billion USD in total, are related to infrastructure, industry, agriculture, trade-service, education-culture-sport, with 18 in transport and technical infrastructure building.