Bank loans for build-operate-transfer (BOT) and build-transfer (BT) infrastructure projects in the year to September reached nearly VND110 trillion (US$4.72 billion), up 1.85 per cent against the end of 2018.
A joint venture between Viet Xuan Moi and Duc Binh Group joint stock
companies has submitted to the transport ministry an investment proposal
for Cam Ranh Airport''s international passenger terminal.
A HCM City company has asked the Transport Ministry to approve a VND30
trillion (US$1.37 billion) project to build a expressway that will
connect HCM City with a southern border province.
Foreign investors can constitute their
commercial presence in Viet Nam in the form of business co-operation
contracts, foreign-invested enterprises and branches or representative
offices following current regulations.
More and more foreign investors are keen to enter the power sector, but
licensing remains tardy due to challenges related to
build-operate-transfer contracts, selling prices, and foreign currency
guarantees.
The northern province of Nam Dinh is seeking investments of more than
US$4 billion in 21 key projects, according to the province''s Investment
Promotion and Business Support Centre (IPBSC).
The project to upgrade 45km of the National Road 1A from Ha Noi to Bac
Giang Province will start in the first quarter of this year with an
investment of VND4.5 trillion (US$213.35 million), according to the
Transport Ministry.
The Bank for Investment and Development (BIDV) has signed a contract
with a build-operate-transfer (BOT) Quang Tri company for the expansion
of a 15.54-kilometre section of the National Highway 1A.
HCM City plans to mobilise capital through BOT (Build-Operate-Transfer),
BT (Build-Transfer) and PPP (Public-Private Partnership) investment
forms to further develop its road infrastructure, a senior official said
last week.