Update news PPP
Economists and policymakers have voiced their support over a proposal by the Ministry of Planning and Investment (MPI) to raise the State's contribution limit in public-private-partnership (PPP) infrastructure projects to 65%.
The Vietnamese Association of Road Systems Investors (VARSI) held a seminar on removing inadequacies of PPP transport infrastructure projects in Hanoi on Monday.
The Ministry of Transport has written to the prime minister proposing upgrading and expanding six airports under the public-private partnership (PPP) format.
Further clarifying the legal framework for infrastructure development via wider participation of private investors is expected to help the country attract more funding into the industry.
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.
New policies are expected to accelerate the recovery of the real estate market and lay a firm foundation for the market’s long-term development.
Some National Assembly delegates yesterday expressed concerns over the Government's decision to transfer certain components of the North-South Expressway from the PPP model to public investment, Thanh Nien newspaper reported.
The Government has proposed to the National Assembly three options for transforming investment models at sub-projects of the Eastern North-South Expressway for consideration.
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.
A lack of a unified legal framework governing PPP is the main factor that Vietnam’s infrastructure sector growth potential is capped at 6.1% per year through 2029.