The Prime Minister proposed that the Kuwait Fund for Arab Economic Development continue to support Vietnam.

VTV.vn - On this occasion, Prime Minister Pham Minh Chinh and his wife visited the Arab Cultural Heritage Building and worked with the Director General of the Kuwait Fund for Arab Economic Development.

Acting Director General of the Kuwait Fund for Arab Economic Development Waleed S.Al-Bahar welcomed the Prime Minister and his wife. (Photo: VNA)

Prime Minister Pham Minh Chinh highly appreciated the effective support of the Kuwait Fund for Arab Economic Development in Vietnam, with the provision of preferential and non-refundable loans for 15 projects with a total value of over 183 million USD, and requested the Fund to continue supporting Vietnam in the fields of social security, rural development, water supply, sanitation, healthcare, education , infrastructure to adapt to climate change and overcome the consequences of natural disasters...

The Fund General Director highly appreciated the socio-economic development process as well as the investment and business environment and the strategies and steps of Vietnam in national development.

Prime Minister Pham Minh Chinh and his wife visit the Arab Cultural Heritage Building. (Photo: VNA)

Sharing about Vietnam's two 100-year strategic goals, the Prime Minister said that Vietnam is implementing many projects that are changing the situation and status such as expressways; high-speed railways, urban railways, international standard gauge railways; large-scale seaports and airports; energy projects; and building an international financial center.

Prime Minister Pham Minh Chinh and his wife visit the Arab Cultural Heritage Building. (Photo: VNA)

The Prime Minister proposed that the Kuwait Fund for Arab Economic Development invest directly and indirectly in the projects and fields that Vietnam is prioritizing; at the same time, connect and introduce Kuwaiti enterprises to invest in Vietnam in potential fields such as industry - logistics, renewable energy, green economy and Halal ecosystem; and support Vietnamese enterprises to access information and cooperation opportunities in Kuwait and the Middle East.

Prime Minister Pham Minh Chinh and his wife visit the Arab Cultural Heritage Building. (Photo: VNA)

The Prime Minister also proposed that the fund support Vietnam in finance, technology transfer, human resource training, and management experience; and suggested that the two sides establish a joint working group to introduce the potential and needs of each side in the direction of harmonizing processes and simplifying procedures for establishing cooperation and investment projects.

Source: https://vtv.vn/thu-tuong-de-nghi-quy-kuwait-vi-su-phat-trien-kinh-te-arab-tiep-tuc-ho-tro-viet-nam-100251117202251825.htm