At the meeting with Vice Chairman of COMAC Shen Bo, PM Pham Minh Chinh was briefed on the corporation’s mission to develop China’s commercial aviation industry. It is well known for its C919 aircraft and is currently developing ARJ21 model, while also working on the wide-body C929 project, which has an estimated total investment of up to 20 billion USD.
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Prime Minister Pham Minh Chinh (right) works with Vice Chairman of COMAC Shen Bo. |
Shen proposed Vietnam continue to facilitate the operations of COMAC aircraft and support the corporation’s cooperation with Vietjet. He also expressed interest in expanding collaboration in other areas such as aircraft maintenance and repair, and manufacturing, and production of equipment and spare parts.
PM Pham Minh Chinh highly evaluated COMAC’s achievements in researching and developing modern commercial aircraft, noting that these efforts have contributed to diversifying the global supply of commercial aircraft and played a significant role in developing China’s aviation industry and high-tech scientific achievements.
Congratulating COMAC on its initial trade relations with Vietnamese airlines, PM Chinh considered it a foundation for long-term cooperation. He noted that Vietnam is continuing to improve its institutions, mechanisms, and policies to better facilitate the aviation sector's development, including streamlining procedures and encouraging the participation of various economic sectors, while promoting greater decentralization and delegation of authority to relevant stakeholders.
For sustainable, long-term cooperation, he welcomed and encouraged COMAC to partner with Vietnamese counterparts in launching aircraft maintenance and repair services, promoting aircraft purchase and leasing agreements with airlines, collaborating in human resources training, and expanding cooperation in other areas where the company has strengths.
On the same day afternoon, PM Pham Minh Chinh received Yan Jiehe, Chairman of the China Pacific Construction Group - a global top-500 enterprise specializing in investment, construction, operation, and management of infrastructure, with involvement in over 1,000 projects across China.
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Prime Minister Pham Minh Chinh (right) works with Yan Jiehe, Chairman of the China Pacific Construction Group. |
Yan told PM Chinh that his group had signed a Memorandum of Understanding with the Hanoi People’s Committee for infrastructure investment and development over five years, with a scale amounting to billions of USD. The group is currently participating in infrastructure projects in Vietnam, such as the construction of Tu Lien bridge in Hanoi, which commenced following a previous meeting with PM Pham Minh Chinh in China.
He also reported on the group’s investment and operations in Vietnam, and presented proposals to participate in other key projects, particularly expressway development, with a commitment to making these expressways model projects and completing them in half the originally planned timeframe.
Welcoming Yan’s proposals, PM Pham Minh Chinh appreciated the effective and sustainable investment and business activities of the China Pacific Construction Group globally, and particularly in Vietnam.
He urged the group to continue its good performance and swiftly complete the projects already underway. He also suggested the group study and engage in discussions with Hanoi authorities and relevant agencies regarding the possibility of participating in other major infrastructure projects, such as the road connecting Gia Binh Airport to central Hanoi, Ngoc Hoi bridge, and Van Cao - Hoa Lac urban railway line.
Additionally, the PM encouraged the group to pursue public-private partnership (PPP) models in the expanded sections of the North–South Expressway, as well as projects involving seaports, airports, railways, and urban rail systems in Hanoi, Ho Chi Minh City, and metro lines, including the one connecting Long Thanh International Airport to Tan Son Nhat International Airport.
Noting that Vietnam is undergoing robust infrastructure development, the Government leader expressed his hope that the group will commit to fundamental, long-term investment in Vietnam. He emphasized the importance of workforce training, establishing operational bases, conducting sustainable business, and engaging in fair competition with other enterprises.
This meeting marked the final activity of PM Pham Minh Chinh and the Vietnamese delegation during their working trip to attend the 16th Annual Meeting of the New Champions of the World Economic Forum and to conduct bilateral engagements in China. Following this event, the Vietnamese delegation departed Shanghai and returned to Vietnam.
Source: VNA