Viet Nam among Asian leading domestic infrastructure investors
VGP - Viet Nam is one of the Asian countries leading in investment for infrastructure development, allocating 5.7 percent of its gross domestic product (GDP) to projects in the field, said Permanent Representative of Viet Nam to the United Nations (UN) Ambassador Dang Hoang Giang.
Permanent Representative of Viet Nam to the United Nations (UN) Ambassador Dang Hoang Giang
The Ambassador made the statement while addressing a high-level debate on promoting sustainable development through infrastructure connectivity as part of a ‘Sustainability Week’ held by the UN General Assembly (UNGA) in New York on April 18.
So far, Viet Nam has put into operation 1,729km of expressways and aims to achieve 3,000km by 2025.
Viet Nam has been developing infrastructure connectivity with neighboring countries, including Laos, thus promoting regional and inter-regional connectivity.
The Vietnamese Government continues to prioritize the development of sustainable infrastructure through investment in renewable energy, and green transportation systems, as well as promoting the production and use of electric public vehicles.
The diplomat took the occasion to express his gratitude to official development assistance (ODA) partners for their timely and effective support for Viet Nam's infrastructure development projects.
He said promoting connectivity between and within countries is essential for economic development, job creation, ensuring supply chain efficiency, and enhancing sustainability.
The diplomat suggested the enhancement of international cooperation and solidarity through financial and technical support to narrow the infrastructure development gap, particularly with developing countries.
The Vietnamese Government continues to prioritize the development of sustainable infrastructure through investment in renewable energy, and green transportation systems, and accelerating the production and use of electric public vehicles, he said./.
