Vice Chairman of the HCM City’s People Committee Le Thanh Liem made the statement on May 10 while receiving Kim Seung-su, Vice Mayor of Daegu city, who is paying a working visit to HCM City to mark three years of friendship and cooperative relations between the two cities.
HCM City and Daegu have increased the exchange of high-ranking delegations and jointly organised various activities such as Daegu festivals, business forums and most recently a concert celebrating the third founding anniversary of bilateral relations, Liem said.
He also affirmed that HCM City will create optimal conditions for Daegu businesses to invest in the fields where they have advantages and HCM City has demand, particularly infrastructure development, metro system, flood prevention programme and environmental pollution reduction, among others.
For his part, Kim said he was happy to see that HCM City and Daegu city have enjoyed stronger cooperation after the establishment of friendship and cooperative ties. Daegu city’s representative office in HCM City has become an important bridge linking businesses and people of the two cities, he added.
The Vice Mayor briefed his host on Daegu’s potential, noting that it has bolstered the development of the processing, automobile, water equipment, health and mining industries. The city also wants to enhance investment and trade links with HCM City’s enterprises in the coming time, he said.
Daegu is one of the largest cities in the RoK, only behind the capital city of Seoul, Busan and Incheon.
