(VOV) – The Ministry of Planning and Investment has reviewed possible amendments to the Prime Minister’s decision 71 on public – private partnership experiment.

PPP model has been piloted on the transport sector

Delegates proposed that PPP projects should take into consideration economic, financial and environmental sustainability and keep financial transparency and publicity. Le Van Tang, Director of the Bidding Management Department says: “The revision aims to create a favorable environment for authorized agencies to build investors’ confidence and prevent the ask and give mechanism. It’s important to revisit the government’s 30% maximum ownership, which will be revised to ease investors’ concern. In the piloting period, we focused on the transport sector. The revised regulation will expand the PPP model to other industries.”