Financial shortcomings of investors combined with the government’s failure to offer support are some of the reasons multiple BT infrastructure projects in HCMC are being delayed indefinitely, experts said. 

Problems in the parity-price principle have emerged in the latest decree on payment for build-transfer projects, with solutions to the matter remaining in wait.

The Ministry of Finance plans to develop an electronic trading system for public assets, deputy minister Tran Xuan Ha announced on Thursday.

Prime Minister Nguyen Xuan Phuc chaired a cabinet meeting on April 11 to discuss controversial issues of a draft decree on the use of public property to pay investors in build-transfer (BT) projects.

The capital city of Hanoi has created favourable conditions for luring investment in infrastructure under the build-transfer (BT) mode, but municipal authorities require that BT investments be transparent and comply with the law.

HCMC has required relevant agencies to review and synthesize projects invested under BOT and BT forms for Civil Affairs Committee to submit to the standing board of HCMC Party Committee before December 8 this year.

 VietNamNet Bridge – The Ministry of Planning and Investment (MPI) has insisted on prohibiting state-payment BT (build – transfer) projects because of the high risks.

VietNamNet Bridge – The Ministry of Planning and Investment on Tuesday proposed the Government to drop the investment format of Build-Transfer, in particular those projects that the State has to pay money back