Vietnam approves law on public-private partnership (PPP) investment
The National Assembly (NA) of Vietnam has approved the legislation on public-private partnership (PPP) investment. The law comprises 11 chapters with 101 articles that will regulate investment activities and private investment attraction for important and essential infrastructure projects under the PPP model. The law also aims to create strong legal corridor for investors to fulfill their obligations in PPP contracts.
The law focuses on sectors of transport, power grid and plants, irrigation, clean water supply, water drainage, wastewater, waste treatment, healthcare, education – training, and information technology infrastructure.
Country updates
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