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PM sets out specific mechanisms, policies for HCM City

VGP – PM Nguyen Xuan Phuc proposed that Ho Chi Minh City focus on effectively exploiting its potentials and advantages to serve its socio-economic development tasks and goals at a working session on the city’s development till 2020 and specific policies and mechanisms for the city on September 6.

PM Nguyen Xuan Phuc (middle) chairs a working session on Ho Chi Minh City's development till 2020, Ha Noi, September 6, 2017 - Photo: VGP/Quang Hieu

At the meeting, the PM consented to review, amend and supplement development plans and projects, focusing on developing synchronous infrastructure in line with the city’s socio-economic development plan with the vision in 2025-2030 and proposing polices and mechanism to strengthen regional development and connection, especially infrastructure connection.

He asked to mobilize more resources for investment and development, concentrating on private and foreign investment capital.

The city must be listed among top rankings, taking the lead in improving the investment and business environment, contributing to enhancing national competitiveness capacity, he added.

PM Phuc consented that specific mechanisms and policies should be created for the city for faster and more sustainable development, adding that the city is allowed to carry out works in charge of some ministries and agencies in approving some projects and adjusting planning.

By Thuy Dung

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