VN, UN Sign 2012-2016 Cooperation Plan

Minister of Planning and Investment Bui Quang Vinh and representatives of 16 United Nations’ organizations and the International Organization for Migration (IOM) on Tuesday signed a joint cooperation plan for the 2012-2016 period with total funding of US $480 million.

 

The plan provides common framework for projects funded by the UN and IOM in Vietnam over the next five years to assist the country in resolving prioritized issues set in the 2011-2020 socio-economic development strategy and five year socio-economic development plan for the 2011-2015 period.

 

Ms. Pratibha Mehta, UN Resident Coordinator in Vietnam stressed that the plan will support Vietnam to accelerate growth for all and adapt to climate change, develop qualified essential services and enhance public administration capacity.

 

Speaking at the signing ceremony, Minister Vinh said the plan was designed to mobilize, manage and use UN’s official development assistance resources effectively.

 

The joint cooperation plan is also an important guiding document for the UN and Vietnamese agencies to identify the next concrete cooperative activities in order to reduce time and costs of the relevant parties.