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Official Gazette

Tuesday, July 14, 2020

Policies on transport infrastructure construction investment to be finalized

Updated: 10:40’ - 22/11/2017
Deputy Prime Minister  Trinh Dinh Dung has asked the Ministry of Transport (MoT) to finalize transport infrastructure construction mechanisms and policies, including public-private partnership (PPP) and build-operate-transfer (BOT) investment projects, particularly mechanisms for mobilizing capital from credit institutions for transport infrastructure development, and state budget-funded investment policies.

He also required the MoT to revise national, regional and local transport infrastructure development strategies, master plans and plans, which prioritize investment in projects and works of great socio-economic development significance, particularly the north-south national expressway sections.

The MoT was also assigned to raise the quality of legal documents aimed at enhancing the state management of transport infrastructure projects, particularly in the selection of their contractors and control of their quality throughout the course of building and operation.

He said the MoT should regularly review all BOT projects and speed up the setting up of non-stop electronic toll collection booths on BOT projects nationwide.

The Deputy PM also asked the Ministry of Planning and Investment (MPI) to submit to the Government a decree amending and supplementing government decrees No. 15 and 30 of 2015 on the transparent and effective management of PPP projects.

He also demanded the MPI to clearly provide for the right of transport infrastructure and service users to choose to use PPP investment projects.-(VLLF)

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