Thủ Đức city seeks investment in 11 PPP projects

HCM CITY - Authorities of Thủ Đức city, HCM City, held a conference on April 17 to draw investment in 11 public-private partnership (PPP) projects in the fields of education, culture and sports, with a total capital of over VNĐ2 trillion (US$83.3 million). The remaining works, which fall under the fields of education, culture and sports, represent a total capital of over VNĐ1.6 trillion. They have been submitted to the HCM City People's Committee for consideration. Vice Chairman of the Thủ Đức People’s Committee Mai Hữu Quyết committed full support to firms throughout the implementation process, assuring that the city will actively address any challenges that may arise, ensuring the timely completion of these projects. The conference was also meant to actualise the National Assembly’s Resolution on piloting distinct mechanisms and policies for the development of Ho Chi Minh City, including Thủ Đức.