Vietnam plans 35 projects under PPP

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Vietnam plans 35 projects under PPP

The government of Vietnam has issued a list of 35 projects, which will be developed under the PPP and BOT (build - operate - transfer) forms.

The list of priority projects, which includes 127 national projects calling for outside funding from now to 2020, was approved by Prime Minister Nguyen Tan Dung. The government has called for nearly US$60 billion of foreign capital.

One of the most important project, which will be developed through a PPP model, is the North-South highway  from Ninh Binh to Thanh Hoa and from Thanh Hoa to Nghi Son. The total investment is estimated at US$1.9 billion.

Other major projects in the list are: Noi Bai-Ha Long highway (US$1.8 billion); Long Thanh Airport in Dong Nai Province (US$5.6 billion for phase 1); Bien Hoa-Vung Tau railway (US$5 billion); a Dau Giay-Lien Khuong highway (US$3.5 billion); and a energy core in Binh Dinh Province (US$4 billion).

There are also three projects planned to develop infrastructure for industrial parks and 10 projects of urban water supply and solid waste treatment.

In early April we published that Vietnam failed to attract infrastructure investors due to poor legislation framework. Thirty-eight investment projects to be delivered through the public-private partnership (PPP) format had not been able to get off the ground.

In March 2013, Vietnam's Ministry of Planning and Investment (MPI) hired Hogan Lovells to address issues that have hindered PPPs in Vietnam and to "re-energise" the programme. Law firm Hogan Lovells chaired a series of meetings with interested private sector companies in Vietnam and Singapore to gauge reaction to a major re-drafting of Vietnam's legislation on PPP projects.

The Ministry of Transport with the help of the World Bank are currently bidding the first real public-private partnership (PPP) project in Vietnam, the Dau Giay-Phan Thiet highway. The Dau Giay-Phan Thiet expressway project is located in the Southeastern region with four lanes and a length of 100 kilometers at a total investment of $757 million.

List of country news

Country news

  • July 24, 2014

    Vietnam - EGIS - Adetef sign PPP cooperation agreement

    Mrs. Fleur Pellerin, the French Minister of State for Foreign Trade, the Promotion of Tourism and French Nationals Abroad, Egis and Adetef signed a technical assistance contract on 22 July in Hanoi with the Ministry of Planning and Investment (MPI) to support the development of public-private partnerships (PPP) in Vietnam. Read more
  • October 14, 2014

    Phu Quoc tourist port to be built under PPP model

    Vietnam's southern coastal province of Kien Giang plans to build a tourist port in its Phu Quoc Island District under the Public Private Partnership (PPP) model. Read more
  • October 15, 2014

    Vietnam reveals capital investment plan for Long Thanh Airport project

    The new facilities aims to alleviate traffic congestion at Ho Chi Minh City's Tan Son Nhat Airport. The Long Thanh Airport is designed to have capacity for 100 million passengers and five million tonnes of cargo. Read more
  • October 27, 2014

    MOU signed for creation of Asian Infrastructure Investment Bank

    Last Friday, twenty-one Asian countries signed a Memorandum of Understanding (MOU) to establish the Asian Infrastructure Investment Bank (AIIB) as founding members in Beijing. Read more
  • December 04, 2014

    New PPP decree coming soon in Vietnam

    According to sources, Vietnam's decree on investment in the form of public private partnership (PPP) is being completed and will be issued soon. Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.