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Hà Nội welcomes German investment: municipal leader

Update: November, 20/2018 - 15:30
Aquaone and Germany AoneDeusheuche signed a MoU for investment co-operation on solar panels on top of the water treatment system at the Đuống River water treatment plant. — VNS Photo
Viet Nam News

HÀ NỘI — Hà Nội is willing to assist German investors by connecting them with Vietnamese businesses to run projects in the capital city, said Chairman of the municipal People’s Committee Nguyễn Đức Chung.

Chung made the statement while receiving Martin Dulig, Deputy Minister-President and Minister of Economic Affairs, Labour and Transport of the German Federal State of Sachsen, in Hà Nội on Monday.

He said the capital city values its co-operation with several German localities.

Most recently, local authorities supported the German Embassy in organising the Deutschland Fest 2018, which provided German experiences in Hà Nội and attracted a large number of visitors.

The municipal leader stressed that Hà Nội prioritises using technologies from Europe, particularly Germany, in local projects for water supply and environmental pollution treatment.

The city has set a target of supplying all of its citizens with European-standard water by 2020. In response to the goal, over the past two years, 24 foreign and domestic investors have started 31 projects.

The Đuống River plant, carried out by a German joint venture between the Aone Deutschland AG and Strabang companies, was among those projects. The plant began operations in October this year, producing 150,000cu.m of water per day.

Chairman of the Hà Nội People’s Committee Nguyễn Đức Chung (right) received Martin Dulig, Deputy Minister-President of German Federal State of Sachsen. — VNS Photo

For his part, Martin Dulig said Hà Nội is growing with vitality and a young population, thus sharing many common challenges of other big cities around the world, including Sachsen’s biggest city of Leipzig.

He suggested the Vietnamese capital and cities of Sachsen work together to find measures for their development issues.

He said with its experience in waste water and environmental pollution treatment, as well as transport development, Sachsen is looking forward to joining collaboration programmes with Việt Nam and Hà Nội in particular, contributing to local urban growth and better living standards for all.

Within the visiting framework, the deputy minister witnessed the signing ceremony of the memorandum of understanding (MoU) between Aquaone and Germany AoneDeusheuche for investment co-operation in constructing a solar energy system on top of the water treatment tank at the Đuống River water treatment plant with a potential capacity of up to 10.8mWp. The MoU would contribute to the promotion of co-operation, technology transfer and experience exchange in developing efficient investment projects in Việt Nam.

The plant, with total capacity reaching 900,000cu.m per day and investment capital for phase 1 at approximately VNĐ5 trillion (US$214.1 million), was constructed in accordance with Hà Nội’s water supply scheme till 2030. — VNS

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