French businesses satisfied with HCM City investment climate

French businesses that are currently operating in Ho Chi Minh City are satisfied with the investment environment in the locality, said a senior French official.


Fleur Pellerin, Secretary of State for Foreign Trade, Tourism Promotion and French Nationals Abroad of the French Ministry of Foreign Affairs and International Development, hailed the city’s dynamic development during a July 21 reception given by Le Hoang Quan, Chairman of the municipal People’s Committee.


She said she will ask the French Development Agency (AFD) to closely work with the city to draw up cooperation programmes, especially between the two business communities.



She welcomed effective cooperation between Lyon city of the Rhône-Alpes region and HCM City, noting both localities have many things in common that support their future ties.


Briefing the guest on the city’s key infrastructure projects, Quan expressed his hope that the French government and businesses will assist the city in providing financial and technical assistance for these projects.


He said HCM City and France have great potential for increasing cooperation in the areas of French strength such as transport infrastructure, education, health care, urban management, culture and arts.


The city will do its utmost to create favourable conditions for the two sides’ businesses to promote investment cooperation for mutual benefit, he affirmed.


Pellerin is leading a delegation of French companies to HCM City to explore the local investment environment.-VNA




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