A proper mechanism is needed to attract investors to infrastructure projects implemented following the public-private partnership (PPP) model, experts have said.

Public-private investment projects play a significant role in developing infrastructure and have the potential to accelerate large-scale construction works across the country.

HCM City is expected to reconsider projects under the public-private partnership investment form meant to combat flooding and land subsidence and resettle people living along canals when new regulations for PPP come into effect.

The Ministry of Transport will put component projects of the North-South Expressway out to bid, Minister Nguyen Van The told the Vietnam News Agency on April 14.

Most National Assembly (NA) deputies agreed on the need for the draft Law on Public-Private Partnership to finalise a legal framework of this type of investment and improve the effectiveness of long-term public-private partnership (PPP) projects.

The National Assembly yesterday began to look into a draft law on public-private-partnership (PPP) investment, which includes regulations on risk sharing between the Government and investors involved in PPP infrastructure projects.

The draft law on public-private-partnership (PPP) projects, composed by the Ministry of Planning and Investment (MPI), was submitted to the National Assembly Standing Committee for consideration yesterday.

Vietnam is seeking more private investment to finance infrastructure projects, but it also needs to generate higher returns on those investments.

 VietNamNet Bridge – The HCMC government will implement 80 traffic infrastructure projects with total capital of VND39,263 billion (US$1.72 billion) this year in a bid to ease congestion,

VietNamNet Bridge – HCM City will undertake 80 traffic projects in 2017 at a cost of VND39 trillion (US$1.7 billion),

 VietNamNet Bridge – Viet Nam is expected to attract a number of investors of transport infrastructure projects under the public-private partnership (PPP) model this year.

 VietNamNet Bridge – Viet Nam needs more than VND1,000 trillion (US$50 billion) to develop transport infrastructure by 2020,

VietNamNet Bridge – A lack of qualified staff with good knowledge of public-private partnership (PPP) is the biggest concern of local government agencies.

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 VietNamNet Bridge – Thirty-eight investment projects in the public-private partnership (PPP) format in the country have not been able to get off the ground due to the absence of a complete legal framework for PPP investment.

VietNamNet Bridge – Vietnam is expected to offer tax exemption and reduction for expansion parts of foreign-invested projects as well as tenants in industrial zones in order to attract long-term and environment-friendly investors,