More than per 76 percent of current investment projects following public-private partnerships (PPP) are in the field of transport infrastructure, but investors still feel insecure.
The Ministry of Transport (MoT) is set to propose to the Government a draft plan on fee increases at BOT (Build-Operate-Transfer) toll booths in response to declining revenue.
HCM City should create favourable conditions and introduce regulations to promote Public Private Partnerships (PPP) in the education sector, which is in need of an international standard learning environment, experts have recommended.
With public funding only able to meet a fifth of the 1.8 quadrillion VND (80 billion USD) required for development works in HCM City’s in 2016 – 20, municipal authorities are striving to involve the private sector.
HCM City will need massive investment from the private sector if it is to meet its goals for transportation, flood control and other areas over the next three years.
HCM City is seeking more than 128 trillion VND (5.63 billion USD) in investment between now and 2020 for socio-economic development, according to the city’s Department of Planning and Investment.
Business
