Investors of transportation BOT (Build-Operate-Transfer) projects must look to diversify their financing as domestic commercial banks have not been willing to loosen the purse string, said the State Bank of Vietnam.
BOT investors have not only faced hardship due to the pandemic, but are also struggling with Ministry of Transport regulation of road tolls and State Bank of Viet Nam’s lending policies.
Calculating the cost and choosing the investors and contractors for BOT projects must be transparent, Deputy Prime Minister Trinh Dinh Dung said yesterday.