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Mega project invites domestic investors to bid

Mega project invites domestic investors to bid

The mega infrastructure project North-South Expressway has started inviting domestic enterprises to apply for bidding, a month after the Ministry of Transport ruled foreign companies ineligible to participate in the project.

Projects with slow disbursement to face punishment

Projects with slow disbursement to face punishment

The Ministry of Transport (MoT) will punish organisations and individuals in project management units whose failure to fulfill their responsibilities cause a slow disbursement of funds.

Council set up to assess express railway project

Council set up to assess express railway project

Prime Minister Nguyen Xuan Phuc has set up a State council to look into the North-South express railway project. This decision comes after the Ministry of Transport (MOT) and the Ministry of Planning and Investment (MPI) presented significantly different cost estimates for construction of the rail line.

MoT plans to increase fees at BOT toll booths

MoT plans to increase fees at BOT toll booths

The Ministry of Transport (MoT) is set to propose to the Government a draft plan on fee increases at BOT (Build-Operate-Transfer) toll booths in response to declining revenue.

Transport Ministry proposes fee hike for 37 BOT projects

Transport Ministry proposes fee hike for 37 BOT projects

The Ministry of Transport is seeking opinions from ministries, agencies and localities nationwide for the fee increase of 12-18% for 37 build, operate and transfer (BOT) operated toll road or bridge projects.

Ministry pledges to ease revenue shortages for BOT investors

Ministry pledges to ease revenue shortages for BOT investors

VOV.VN - The Ministry of Transport is to take responsibility for assisting build-transfer-operate (BOT) road investors facing revenue shortages in order to help them secure investment efficiently as well as avoid non-performing loans and subsequently lessen the adverse impacts on the credit system.

Grab cars must have roof signs: draft

Grab cars must have roof signs: draft

Cars which provide passenger transportation services via ride-hailing platforms like Grab will have to have roof signs showing that they were “contract vehicles”.