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Update news BOT project
Foreign investors are about to transfer two power plants built under the BOT mode when the 20-year contract terminates. State-owned corporations are outdoing one another to take over the plants.
The Ministry of Transport plans to begin work on nine major infrastructure projects in the south this year to reduce traffic congestion and improve connectivity.
The warning about risks of funding BOT (build-operate-transfer) projects given two years ago is becoming a reality.
The Ministry of Transport is seeking opinions from ministries, agencies and localities nationwide for the fee increase of 12-18% for 37 build, operate and transfer (BOT) operated toll road or bridge projects.
The Ministry of Transport has asked the Directorate for Roads of Viet Nam (DRVN) to recover nearly VND1.2 billion (US$52,170) from the Bac Thang Long – Noi Bai Build-Operate-Transfer (BOT) toll booth,
The Ministry of Transport (MoT) and people’s committees of Mekong Delta provinces of Vinh Long and Tra Vinh agreed Monday to cancel the Build-Operate-Transfer (BOT) project on National Highway No.53.
VietNamNet Bridge - The lack of transparency in Vietnam is causing foreign investors to consider BOT (build-operate-transfer) projects cautiously.
VietNamNet Bridge – The Minister of Transport defended the need to build the controversial Long Thanh International Airport project while experts have already said that it is a huge waste.
Big real estate firms have tried to escape from the projects invested under the mode of “exchanging infrastructure items for land,” and from the golden land areas they once had to struggle hard to obtain.