Private sector invests in APEC infrastructure

Oct 5th at 07:59
05-10-2017 07:59:23+07:00

Private sector invests in APEC infrastructure

Several private companies have invested in building infrastructure for the 2017 APEC forum.

 

The Ariyana Da Nang Convention and Exhibition Centre has got investment of VND35 billion (US$1.5 million), mobilised from the socialised fund. The three-story building has a main convention hall which can accomodate more than 2000 people. It is just one of the many event venues to hold events under the framework of the APEC Economic Leaders’ Week.

Matthias Wiesmann, director-general of Furama Resort Da Nang which is the main investor of this project, said construction would be completed prior to the start of the 2017 APEC Economic Leaders’ Week.

“A momentous event like APEC is a tremendous opportunity for Furama as well as the Ariyana Da Nang Convention and Exhibition Centre to create a new image. Ariyana considers itself the event venue of Da Nang City, and not only of Furama,” Wiesmann said.

Answering the call for private funding for Da Nang City, many enterprises and companies have invested billions of đồng in building convention halls and hotels.

The project of Da Nang Airport’s International Terminal has attracted more than VND3,500 billion ($154 million) from the Da Nang International Airport Investment and Exploitation Joint Stock Company (AHT). It is the first socialised project in the aviation sector to serve APEC.

According to Ho The Anh, vice director of AHT, the international terminal is not only the first destination of visitors to Da Nang City, but is also a key construction project of the city.

“We fully guarantee the project’s schedule, quality and aesthetics. The project has enjoyed generous support from the city’s authority as well as the Ministry of Transport,” Anh said.

The APEC Economic Leaders’ Week will take place in November with the participation of leaders from 21 member-economies. The main construction facilities serving this event have been completed.

Nguyen Ngoc Tuan, deputy head of Da Nang City People’s Committee, highly appreciated the contribution of the private sector to the APEC Economic Leaders’ Week.

“The reception has to be both professional and economical. On the one hand, the city has mobilised capital from the State budget. On the other hand, it has raised funds from the society. This is Da Nang City’s responsibility and opportunity to promote its image,” Tuan said.

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