VietNamNet Bridge – The Vietnamese government is calling for new infusions of foreign investment in infrastructure and agriculture projects.

The sketch of Long Thanh Airport.

Prime Minister Nguyen Tan Dung has approved the list of national projects calling for outside funding from now to 2020.

The list consists of 127 projects divided into five groups: technical infrastructure; social infrastructure; agriculture; agricultural preservation and processing; and manufacturing & service.

The total capital called for by these projects is over $58 billion. Several individual projects are worth billions of USD, such as Khanh Hoa Province’s Nam Van Phong refinery in the Nam Van Phong Economic Zone, which needs up to $8 billion. For that project, foreign investors can contribute up to 75 percent of the capital.

The North-South highway project, with segments from Ninh Binh to Thanh Hoa and from Thanh Hoa to Nghi Son, is calling for foreign investment of nearly $1.9 billion in the form of public-private partnerships (PPP). Other projects and their funding requirements are: Noi Bai-Ha Long highway (nearly $1.8 billion); Long Thanh Airport in Dong Nai Province ($5.6 billion for Phase 1); Bien Hoa-Vung Tau railway $5 billion); the Dau Giay-Lien Khuong highway ($3.5 billion); and the power center in Binh Dinh Province ($4 billion).

The transport infrastructure projects need the highest amount of capital, with 35 projects under the PPP and BOT (build - operate - transfer) forms and using official development assistance (ODA). There are three projects planned to develop infrastructure for industrial parks and 10 projects of urban water supply and solid waste treatment.

The agricultural sector is also a focus with 44 projects, including projects to develop high-tech agricultural parks in the Mekong Delta, Thai Nguyen and Son La.

There are also eight agricultural storage and processing projects and four production and service projects.

Na Son