Ho Chi Minh City has decided to convert a number of private transport infrastructure projects that were designated as BOT (build – operate – transfer) and BT (Built – Transfer) into public projects.
Minister of Finance Dinh Tien Dung and Minister of Planning and Investment Nguyen Chi Dung pointed out difficulties and shortcomings facing the economy in their reports presented at the 14th National Assembly’s seventh session in Hanoi on May 31.
Most of the capital influx was poured into the industrial property segment through mergers & acquisitions (M&A) deals.
Prime Minister Nguyen Xuan Phuc chaired a cabinet meeting on April 11 to discuss controversial issues of a draft decree on the use of public property to pay investors in build-transfer (BT) projects.
Prime Minister Nguyen Xuan Phuc chaired a cabinet meeting on November 27 on the drafting of Resolution No.01 on major tasks and solutions to implement the socio-economic development and State budget estimate for 2019.
The northern province of Bac Ninh plans to roll out a total 3.2 million square metres of commercial houses to the market by 2022 and develop additional social housing projects to meet diversified demand.
The southern province of Binh Duong will call for investment in 20 priority investment projects in transport infrastructure, healthcare and education during 2017-2020, according to Tran Thanh Liem, Chairman of the provincial People’s Committee.
By developing transport infrastructure projects under the mode of BT (build, transfer), investors are willing to pour capital into projects if there are reasonable policies.
Administration of public lands should be tightened to increase Ho Chi Minh City’s revenues, a city People’s Council meeting heard recently.
Ho Chi Minh City needs better cooperation among the State, developers, builders, material suppliers and banks to improve the local property market, the Ho Chi Minh City Real Estate Association has said.
The Ministry of Transport has proposed three investment options to construct a north – south highway in a document submitted to the Prime Minister signed by Deputy Minister Nguyen Nhat.
Ho Chi Minh City authorities are taking several measures to ease traffic congestion at the city’s main gateways, including widening of a section of National Highway No 13 and the construction of an underground tunnel.
The HCM City People’s Committee has just granted an investment licence to a project to tackle local floods, worth VND10 trillion (US$450 million).
The Ho Chi Minh City Infrastructure Investment JSC on June 27 commenced the construction of technical infrastructure at the northern residential quarter and the north-south road in Thu Thiem new urban area.
(VOV) -Construction of a new bridge linking Binh Duong city and Bien Hoa city has received final approval and will get underway in early 2015.
(VOV) - A score of synchronous measures are needed to develop industrial parks (IPs) and economic zones (EZs) into attractive destinations for foreign direct investment (FDI).