Hanoi, ADB speeds up cooperation ties

Leaders of the Hanoi People’s Committee extolled the highly important role of the Asian Development Bank (ADB) in the capital city’s socio-economic development while receiving incoming ADB Country Director Eric Sidgwick in Hanoi on October 7.

During the meeting, Vice Chairman of the municipal People’s Committee Nguyen Quoc Hung praised ABD support to the city and Vietnam at large, especially in poverty reduction and clean water supply.

The Vice Chairman also requested the bank continue assisting the city’s potential projects, particularly environmental work.

Eric Sidgwick, in turn, thanked the city for its cooperation and acknowledged the bank’s commitment to support member countries.

He added the ADB is ready to work with the capital city to seek solutions and resolve difficulties relating to administrative procedures to support upcoming projects such as the urban railway No 3 from Hanoi Station to Hoang Mai and the Lang-Hoa Lac water supply system.

The bank’s Country Director lauded the city’s efforts to overcome difficulties and assured reception attendees that the bank would stand side-by-side with Hanoi during the city’s development process.

So far, the bank has supported several projects in Hanoi with total capital of about US$2 billion, creating jobs for over 20,000 labourers and contributing to the city’s socio-economic development.
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