The financing includes a $2.7 million grant from the Government of Canada and a $1.9 million grant from the Government of Australia, both to be administered by ADB.
The People’s Committee in the central coastal province of Khanh Hoa estimated that more than VND100 trillion (US$4.4 billion) was needed to develop the infrastructure system for the Bac Van Phong Special Administrative-Economic Unit by 2025.
The Public-Private Partnership (PPP) Monitor, which has been first released by Asian Development Bank (ADB), provides insights for ADB member governments including Vietnam on structuring a sound environment for PPPs.
Quang Ninh has issued a call for investment in three projects in Van Don special economic zone, including an expressway, a general port and a tariff-free trading area. The total amount of investment needed is over US$3 billion.
According to the Ministry of Planning and Investment, the formation of law for special economic - administrative zones would create a legal basis for their establishment, development, and operation.
On July 18th, 2017, the Asian Development Bank (ADB) and the Da Nang City People’s Committee signed a transaction advisory services agreement to develop a new land fill and a waste treatment facility.
To raise over US$40 billion for 10 city metro projects, Hanoi asked permission from the Government for allocating ODA, auctioning special-use land funds and, notably, planning another land area of 6,000ha as counterpart funds for the investors.
Ho Chi Minh City will provide great support for the public-private-partnership (PPP) model in infrastructure development, its leaders told a meeting held recently to discuss attraction of funding through the model.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
Editor-in-Chief: Nguyen Cao Cuong
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