The Public-private partnership (PPP) form, which has been implemented in Viet Nam on trial basis over the past two years, can generate between US$ 70-80 billion for the country in the next 10 years, according to development partners.
The Dau Giay-Phan Thiet Expressway
Following the Ministry of Planning and Investment’s establishment of a “one-stop” office in charge of PPP at the Bidding Management Department, the Government set up a steering committee for PPP investment, headed by Deputy PM Hoang Trung Hai, to duplicate the investment formula.
According to Deputy PM Hoang Trung Hai, the key task of the steering committee and relevant agencies is building institutions and management models that are in line with international practice and fit in Viet Nam’s economic and financial real situations.
The Deputy PM also asked ministries, sectors and localities which have large, complex projects invested in the form of PPP to complete their departments specialized in PPP. They should screen their projects to make the list of the ones that are to be proposed for PPP.
Earlier, the PM issued a mechanism on managing and implementing the project on building the Dau Giay - Phan Thiet Expressway, the first of its kind using the form of PPP.
Source : VGP