Vietnam seeks private investment for US$721 million highway
Prime Minister Nguyen Tan Dung has approved a plan to attract private investment for a highway project in the Mekong Delta with a cost estimate of VND16.34 trillion (US$721 million), the government office has said.
Built-operate-transfer is a partnership model that allows private investors to join public projects in exchange for the operating rights for a certain amount of time, before the infrastructure is handed back to the state.