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Update news BOT
The representative of the Project Management Unit No 2 under MOT said many foreign investors from France, Japan and South Korea have expressed interest in the Highway 45-Nghi Son section of the north-south expressway project.
Only investors from China have shown willingness to implement the north-south high-speed railway, sparking concern among National Assembly’s deputies, according to MOT.
To have more parking place, HCM City has mapped out many underground parking lots. However, most of these projects remain on paper.
VietNamNet Bridge - Chinese investors have been flocking to Vietnam to seek transport infrastructure projects to invest in under different modes.
VietNamNet Bridge - Vietnam will open a bid to choose investors for the North-South Expressway project in less than two months, and several foreign investors have shown interest in the huge project.
VietNamNet Bridge - After a long period of interruption, key transport infrastructure projects can now resume operation.
By the end of June 2018, the total loans provided to 12 unprofitable enterprises under the management of the Ministry of Industry and Trade (MOIT) had reached VND20.934 trillion.
The developers of road projects under the BOT (build, operate, transfer) investment mode complain that lending interest rates are too high, up to 10.5 percent per annum.
VietNamNet Bridge - With stable profit margins and steady growth, the clean water sector is attractive to both domestic and foreign investors.
VietNamNet Bridge - Foreign investors are interested in BOT projects, but few investors dare to pour money into the sector because of unstable policies.
VietNamNet Bridge - Many investors are complaining that they are in a dilemma because of the law on PPP investments.
VietNamNet Bridge - ODA (official development assistance) capital was allocated to over 2,500 projects from 1993 to 2017, most of which has been used.
While vehicle owners complain that the toll fees lead to high logistics and production costs, BOT project developers complain that the fee is not high enough to recover investment capital.
VietNamNet Bridge - More infrastructure developers want to transfer projects to the State because of a number of problems they face.
Investors are reluctant to pour money into infrastructure projects under the PPP (private public partnership) mode because of fear of new policies which could lead to losses or bankruptcy.
VietNamNet Bridge - The Vietnamese real estate market in 2017 welcomed a record-high number of foreign investors, especially from Japan, South Korea, Singapore and China.
VietNamNet Bridge - Many investors have shown interest in the huge north-south highway project, but are reluctant to make investment decisions.
High tolls in Vietnam are contributing to one of the highest logistics costs in the world.
Tolls and other kinds of fees have increased as the number of vehicles has risen more rapidly than the volume of goods.
The project to build an expressway with total length of 1,372 kilometers linking the northern and southern parts of the country through 16 cities and provinces has sparked controversy among experts.