HCMC accelerates development of modern infrastructure

Ho Chi Minh City will make a breakthrough in mobilizing resources, forming a synchronous and modern infrastructure system, ensuring rapid and sustainable development in the new phase.

This is the main content of Directive No 37-CT/TU (Directive 37) recently issued by the municipal Party Committee's Standing Board on directing the implementation of the Politburo’s Conclusion No 72-KL/TW on continuing  implemention of the 11th Party Central Committee’s Resolution No 13-NQ/TW on building a synchronous infrastructure to fundamentally turn Vietnam into a modern industrial nation.

The Directive also highlights further improvement of the business environment and enhancement of Ho Chi Minh City's Provincial Competitiveness Index.

Accordingly, priorities will stay focused on prioritizing and making a breakthrough in investing in developing the transport infrastructure system, accelerating the construction of national highways and the system of intra-regional and inter-regional connecting roads, as planned; invest with focus and key points in developing infrastructure to serve digital transformation, green transformation, and building a smart city; developing and improving the efficiency of the national innovation system; gradually synchronizing and modernizing tourism infrastructure, education and training, health, science and technology, culture, physical education and sports; going hand in hand with fundamentally solving urgent urban problems, especially traffic congestion, flooding, and environmental pollution.

In addition, developing the financial market to provide capital for infrastructure investment projects is also an important content, along with diversifying market participants, the Directive noted.