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BOT project

BT projects create loopholes for investors to attain enormous benefit

Economists said that with the current practice, instead of benefiting the urban infrastructure, build-transfer projects benefit investors the most.

US$493 million Van Don - Mong Cai expressway kicks off soon

Van Don - Mong Cai Expressway project will be kicked off in the third quarter of 2018 and scheduled to be completed in 2020, according to Quang Ninh People's Committee.

Solutions to Cai Lay toll station to be finalized by December 22

The Ministry of Transport (MoT) has requested agencies involved in Cai Lay toll station to quickly submit their detailed elevation on pros and cons of three proposed options for solutions to the toll stations by December 22.

The Prime Minister decides to suspend Cai Lay BOT toll station

Prime Minister Nguyen Xuan Phuc has decided to suspend Cai Lay toll station for one to two months so that the Ministry of Transport (MoT) and relevant authorities can clarify all issues to propose the proper and practical solutions.

Cai Lay toll station: Whether US$13.2 million spent will be helpful?

Payment to the investor for improvement of the old highway section running through Cai Lay town and moving of the toll station to the newly-constructed bypass are two solutions for Cai Lay toll station, according to experts.

Dr Le Dang Doanh: "BOT is being turned into slices of the pie for interest groups"

The arbitrary implementation of the projects without strict supervision and clear legal framework has turned build-operate-transfer (BOT) projects into slices of the pie for interest groups,” the economist Dr Le Dang Doanh said.

Corruption prevention in BOT projects put high on the agenda

Market mechanism in build-operate-transfer (BOT) projects in Vietnam seems to be put in loose control as investors involved in the BOT definitely obtain profits other than losses owning to the State's incentives.

Who's responsible for shortcomings of BOT projects?

Many of BOT (Build-operate-transfer) projects have bothered the public. The recent outstanding problems related to Cai Lay toll station in Tien Giang province or Tao Xuyen toll station in Thanh Hoa province once raise the public question when shortcomings of BOT projects will be radically and explicitly resolved.

Hanoi authority identified as citer of violations in BT and BOT projects

Numerous violations were detected in many Build - Transfer (BT) and Build - Operate - Transfer (BOT) transport and environmental projects in Hanoi, according to a conclusion just released by the Government Inspectorate.

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