Ho Chi Minh City organizes Conference to promote investment in cultural and sports projects

On the morning of October 15, the Ho Chi Minh City People's Committee held a conference to promote investment in projects in the culture and sports sector of Ho Chi Minh City in 2024. Attending the conference was Mr. Nguyen Van Hung - Minister of Culture, Sports and Tourism.

The Conference on Investment Promotion in Cultural and Sports Projects in 2024 was organized by the Ho Chi Minh City People's Committee, chaired by the Department of Culture and Sports, in coordination with the Center for Trade and Investment Promotion, the Department of Planning and Investment and other relevant departments and agencies.

Minister of Culture, Sports and Tourism Nguyen Van Hung (middle) and leaders of Ho Chi Minh City chaired the conference - Photo: HUU HANH

According to the Organizing Committee, the Conference aims to promote socialization to mobilize the combined strength to develop the field of culture and sports, mobilize social resources to meet the requirements of integration and development; thereby contributing to improving the quality of service for the cultural and spiritual life of the people as well as contributing to the socio-economic development of the City. The Conference also aims to promote the image of Ho Chi Minh City, introduce projects and policies to attract investment, affirm the advantages and potentials of the City in the field of culture and sports, contributing to building and developing Ho Chi Minh City in a civilized, modern and humane direction. Listening to and absorbing comments from the business community with the goal of continuing to improve the investment environment, improving the production and business efficiency of enterprises in the field of culture and sports; at the same time, encouraging investors to commit to long-term, strategic investment in the City. In particular, the Conference aims to mobilize domestic and foreign social resources to join hands in building and developing large-scale, international-standard cultural and sports institutions that meet the requirements of organizing competitions, festivals, performances, international sports and cultural events. Utilize resources from the private sector, improve investment efficiency, optimize land use, capital resources, technology, and management capacity of private investors in developing infrastructure and providing public services. Promote the goal of developing the cultural industry in Ho Chi Minh City; orient and support the cultural industry to develop into a key industry of the City.

Speaking at the conference, Mr. Phan Van Mai, Chairman of the Ho Chi Minh City People's Committee, said that Ho Chi Minh City has received attention from the central government, issuing many special policies and mechanisms.

Chairman of Ho Chi Minh City People's Committee Phan Van Mai delivered the opening speech at the Conference. Photo: Internet.

At the conference, besides introducing the projects, Mr. Mai also wanted to exchange and listen to the opinions of cultural experts and investors about the cultural industry to help the city improve mechanisms and policies to attract investment.

The head of the city government hopes that investors will join Ho Chi Minh City in solving this problem. By 2030, the city will have facilities that are sufficient to become a continental event center, with modern cultural and sports facilities.

Not only investment projects, Ho Chi Minh City also wants to develop cultural industry, develop culture and society. Therefore, Mr. Mai believes that the Ho Chi Minh City government not only offers preferential investment policies but also has long-term commitments to investors in developing cultural industry.

At the conference, Mr. Tran The Thuan, Director of the Department of Culture and Sports of Ho Chi Minh City, introduced to investors 5 priority investment projects.

Including the project to build a new AB Labor Performing Arts Center (District 5) with 164 billion VND; build a new Gia Dinh Theater (Binh Thanh District) with 250 billion VND, build a new City Cultural Center (District 1) with 295 billion VND, build a new Ho Chi Minh City Cultural and Arts Center in the new urban area of ​​Thu Thiem (investment level has not been determined) and build a new Ho Chi Minh City Multi-purpose Sports and Cultural Center in Can Gio District with 1,643 billion VND.

In addition, Ho Chi Minh City also introduced 16 more projects at Rach Chiec National Sports Complex (Thu Duc City) for investors to study and propose investment plans..../.

Le Quang