Secretary of the Ho Chi Minh City Party Committee Le Thanh Hai has
highlighted the experiences of India’s Maharashtra State in
mobilising capital through private-public partnership (PPP) for
infrastructure development.

The city leader made
the remarks at a meeting with Maharashtra Governor K. Sankaranarayanan
in India on March 18, the last day of his six-day visit to the
country.

In reply, Sankaranarayanan described the
high-ranking delegation’s visit as a vivid symbol of the traditional
friendship between India and Vietnam.

The
India-Vietnam strategic partnership is seeing strong development in
various fields, he said, emphasising the significance of the
establishment of relations between the two countries’ localities in
effectively tapping their potential and strengths.

The Investment and Trade Promotion Centre of HCM City and the
India-Vietnam Chamber of Commerce and Industry signed a Memorandum of
Understanding (MoU) on bilateral cooperation at a working session on the
same day.

Under the MoU, both sides will exchange
trade and investment promotion delegations and provide information on
seminars, trade fairs, exhibitions and events.

Hai
expressed his belief that the MoU will lay the foundations for promoting
trade and investment cooperation to help the two countries hit their
bilateral trade target of 7 billion USD by 2015.-VNA