Build-operate-transfer (BOT) investors are falling into a debt trap and incurring heavy losses due to a decline in the toll fee collection, 

On April 1, Dat Ma, a cable-stay bridge in the northern province of Thai Nguyen, was opened to traffic for free after 15 years of toll collection.

Developing a high-speed highway is a matter of special public concern. Under the 2021-2030 draft railway development plan, Vietnam’s railway would undertake the transport of 16.5 million tons of cargo and 30.9 million passengers by 2030.

Regarding the wrongdoing at the VND34 trillion Da Nang – Quang Ngai Expressway project, many foreigners left for their home countries before the case was prosecuted.

Transport projects are expected to improve overall accessibility and reduce transportation costs, in turn increase economic productivity and development.

The Southern Institute of Science and Technology has submitted a new plan for the HCMC-Can Tho railway project to the Ministry of Transport, proposing reducing the investment in the project by US$200 million.

Deputy Minister of Transport Le Dinh Tho talks about electronic toll collection (ETC) at build-operate-transfer (BOT) tollbooths.

The estimated cost of the North-South Expressway in 2018 was VND16 trillion lower than the initial estimate made in 2017 when the National Assembly decided to develop the project.

A full-scale audit should become compulsory for work carried out under public-private partnerships to make sure they are efficient and benefit all stakeholders, lawmakers have told the National Assembly.

The Ministry of Transport’s (MOT) proposal to increase the BOT toll fees has faced strong opposition from logistics firms.

Regulatory risks are the biggest barrier to attracting private investors to the infrastructure sector.

Many private investors say they want to develop railway projects but have given up because of certain policies.

The transport sector could make a breakthrough in investment mobilisation for national key projects this year.

The National Assembly is working on an investment law on public-private partnerships (PPP) which investors hope will settle legal conflicts.

There are three problems which may make foreign investors shrink when considering investment in transport infrastructure projects in Vietnam.

Urban railway projects have been proceeding slowly and investment capital has become many times higher than initially estimated.

With Vietnam as a focus of President Moon Jae-in’s New Southern Policy, South Korea is supporting the country’s development of the legal framework on public-private partnership investment.

Bank loans for build-operate-transfer (BOT) and build-transfer (BT) infrastructure projects by the end of September this year reached nearly VND110 trillion (US$4.72 billion), up 1.85 per cent against the end of 2018.

Vietnam has closed its doors to international investors joining the Eastern Cluster of the North-South Expressway initiative, catering to domestic groups only.