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.
HCM City has decided to convert a number of private transport infrastructure projects that were designated as BOT (build – operate – transfer) and BT (Built – Transfer) into public projects.
Ha Noi has d favourable conditions for luring investment in infrastructure under the build-transfer (BT) mode, but municipal authorities require that BT investments be transparent and comply with the law.
HCM City plans to put projects under the Build-Transfer (BT) investment model under more scrutiny by auctioning land instead of offering it in exchange for infrastructure.
HCM City Infrastructure Investment JSC (CII) has removed the
property development unit from the company''s portfolio to raise the
limit of foreign ownership to 70 per cent.
In the Vietnamese auto market, pick-up trucks are becoming a bestseller
thanks to their versatility and low prices and registration fee, auto
dealers said.
The HCM City''s People''s Committee yesterday signed a deal with a local
real estate developer to develop infrastructure for the Thu Thiem New
Urban Area under the Build – Transfer (BT) mode.
Real estate group FLC will construct a new central administrative area
for the central province of Khanh Hoa with a total investment of VND7
trillion or more than US$333 million.
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.