PPP projects’ development on talks   Photo for illustration. The Japan Bank for International Cooperation (JBIC) will help its country’s private enterprises invest in Vietnam, especially in Public–Private Partnership (PPP) infrastructure projects, to meet the growing demand of infrastructure development in Vietnam. The bank’s CEO, Executive Managing Director Hiroshi Wantanabe, made the statement at a senior dialogue, the first of its kind, held in Hanoi on March 21, which he co-chaired with Minister of Planning and Investment Bui Quang Vinh. The director stressed that his bank will do its utmost to address the current difficulties that mostly originate from the legal framework, to PPP projects. Minister Vinh spoke highly of Japan’s assistance, as Vietnam’s biggest ODA provider Japan has funded PPP infrastructure projects in Vietnam. Vinh also valued the bank’s participation in the host country’s socio-economic development. To further boost the PPP model in the coming time, Vietnam is perfecting its legal supporting policies to facilitate the implementation of PPP projects, Vinh added. Participants from both sides shared the view that managing PPP projects in a sustainable manner is important. On this occasion, the two sides inked a Memorandum of Understanding on the facilitation of PPP projects in Vietnam. Source: VNA