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ARTICLE · 10 AUGUST 2010

Vietnam's First Trial PPP Project

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Recently, the Vietnamese government has selected Dau Giay-Phan Thiet expressway as the first public private partnership ("PPP") pilot project in Vietnam.

VietnamGovernment, Public Sector
Dao Nguyen
Dao Nguyen
Thinh Phu Dan
Thinh Phu Dan
Kevin Hawkins
Kevin Hawkins
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Originally published 10 August 2010

Keywords: Vietnam, PPP Project, infrastructure, expressway

Recently, the Vietnamese government has selected Dau Giay-Phan Thiet expressway as the first public private partnership ("PPP") pilot project in Vietnam. This expressway is one of the important transportation infrastructure projects in southern Vietnam, connecting Ho Chi Minh City with Phan Thiet City in Binh Thuan Province. To this effect, on 13 May 2010, Deputy Prime Minister Hoang Trung Hai signed Official Letter No. 1169/TTg-KTN conveying the Prime Minister's opinion on the project ("Letter 1169").

Letter 1169 expresses the Prime Minister's approval of the PPP project after having considered: (i) proposals of the Ministry of Transport, the Ministry of Planning and Investment and Binh Minh Import-Export Production and Business Limited Liability Company (Bitexco); (ii) the opinion of the World Bank; and (iii) the conclusion of the Prime Minister at the Government's

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