Professor Dr Tran Chung, head of the national construction quality assurance and quality control authority under the Ministry of Construction, talks on what Vietnam should do attract more investment for public and private projects.
A proper mechanism is needed to attract investors to infrastructure projects implemented following the public-private partnership (PPP) model, experts have said.
Public-private investment projects play a significant role in developing infrastructure and have the potential to accelerate large-scale construction works across the country.
HCM City is expected to reconsider projects under the public-private partnership investment form meant to combat flooding and land subsidence and resettle people living along canals when new regulations for PPP come into effect.
The Ministry of Transport will put component projects of the North-South Expressway out to bid, Minister Nguyen Van The told the Vietnam News Agency on April 14.
The National Assembly yesterday began to look into a draft law on public-private-partnership (PPP) investment, which includes regulations on risk sharing between the Government and investors involved in PPP infrastructure projects.
Vietnam is seeking more private investment to finance infrastructure projects, but it also needs to generate higher returns on those investments.