Investors abuse BT projects

24.10.2017 ~ Trần Đình Hoành ~ Bình luận về bài viết này

vietnamnews

Update: October, 24/2017 – 09:59

Auditors and land management experts are sceptical about the efficiency and transparency of projects carried out under Build-Transfer (BT) contracts in Việt Nam, after many BT projects have suffered long delays and major problems along the way.– Photo baodauthau.vn

HÀ NỘI – Auditors and land management experts are sceptical about the efficiency and transparency of projects carried out under Build-Transfer (BT) contracts in Việt Nam, after many BT projects have suffered long delays and major problems along the way. Tiếp tục đọc “Investors abuse BT projects” →

Concerns raised about north-south highway project

11.10.201711.10.2017 ~ Trần Đình Hoành ~ Bình luận về bài viết này

Last update 12:00 | 11/10/2017

vietnamnet

VietNamNet Bridge – The project to build an expressway with total length of 1,372 kilometers linking the northern and southern parts of the country through 16 cities and provinces has sparked controversy among experts.

It is estimated that the project would cost VND312.435 trillion. With the Ministry of Transport’s (MOT) plan, the project will be implemented in two phases. The first, in 2017-2020, the new road sections of Mai Son (Ninh Binh) – Bai Vot (Ha Tinh), Cam Lo (Quang Tri) – La Son (Thua Thien Hue) and Nha Trang (Khanh Hoa) – Dau Giay (Dong Nai), with total length of 632 kilometers, would be built. Tiếp tục đọc “Concerns raised about north-south highway project” →

Biến dạng tại dự án BOT giao thông – 5 kỳ

03.10.2017 ~ Phạm Thu Hương ~ Bình luận về bài viết này

Nội bộ nhà đầu tư Dự án BOT Pháp Vân – Cầu Giẽ đang tố cáo sự thiếu minh bạch trong quá trình thu phí hoàn vốn dù mới vận hành được nửa năm. Ảnh: A.M

***

Biến dạng tại dự án BOT giao thông (kỳ 1)

Hàng trăm ngàn tỷ đồng được huy động, “trùng điệp” nhà thầu chuyển thành nhà đầu tư, hàng chục trạm thu phí BOT xuất hiện đồng loạt là những gì dễ nhận thấy nhất trên các quốc lộ huyết mạch trong 5 năm trở lại đây. Tiếp tục đọc “Biến dạng tại dự án BOT giao thông – 5 kỳ” →

Binh Thuan to build swimming pools for schools under BOT mode

23.09.2017 ~ Trần Đình Hoành ~ Bình luận về bài viết này

VietNamNet Bridge – The BOT (build-operate-transfer) mode could be the solution for schools with tight budgets to build swimming pools to teach children how to swim.

The Ministry of Education and Training (MOET) has shown its determination to teach swimming to students as many drowning cases are reported every year. However, the biggest problem is the lack of pools, and money to build pools.

The Binh Thuan provincial education department seems to have found the solution to this problem by calling for private investment. Nguyen Van Linh School in Binh Thuan province, for example, has borrowed money from the Binh Thuan Books and School Equipment Company. Tiếp tục đọc “Binh Thuan to build swimming pools for schools under BOT mode” →

Slow ODA disbursement challenges Ho Chi Minh City metro project

14.09.2017 ~ Trần Đình Hoành ~ Bình luận về bài viết này

Motro Metro

Despite ODA loans provided by Japan, the construction of Saigon’s first metro line is still delayed by sluggish disbursement

By Tuoi Tre News

A section of Metro Line No.1 in Binh Thanh District, Ho Chi Minh City. Photo: Tuoi Tre

More delays are expected for the construction of Ho Chi Minh City’s first metro line due to the insufficient provision of capital.Le Nguyen Minh Quang, head of the city’s Management Authority for Urban Railways, told Tuoi Tre (Youth) newspaper that the city’s Metro Line No.1 project continues to face mounting challenges related to investment. Tiếp tục đọc →

Vehicles avoid tolls, damage southern bypass

24.08.2017 ~ Trần Đình Hoành ~ Bình luận về bài viết này

vietnamnews

Update: August, 24/2017 – 18:00

The 18km road connecting the Trảng Bom and Cây Gáo communes in southern Đồng Nai Province is damaged by heavy vehicles that use it to avoid weighing and toll stations. — Photo news.zing.vn

ĐỒNG NAI — A 18km bypass in southern Đồng Nai Province is in serious disrepair with thousands of trucks and containers using it every day to avoid weighing and toll stations.The Trảng Bom-Cây Gáo bypass runs through the province’s Trảng Bom District and connects National Route 1 with Provincial Route 762. Tiếp tục đọc →

Build, operate and transfer transport projects criticised for lack of tendering

23.08.2017 ~ Trần Đình Hoành ~ Bình luận về bài viết này

Last update 17:00 | 23/08/2017

vietnamnet

Most build, operate and transfer projects in the transport sector have appointed contractors and not gone through tendering.

Build, operate and transfer (BOT) projects have made headlines due to continual problems. Cai Lay BOT project has faced strong opposition from drivers due to its high fees. To oppose the fees, drivers used small notes, costing more time for the station officers for the fee collection.

The public has raised concerns about problems of BOT toll station projects in Vietnam. However, the Ministry of Transport ignored criticism and tried to defend the tolls. Tiếp tục đọc “Build, operate and transfer transport projects criticised for lack of tendering” →

Transport minister addresses over-charging BOT toll station

16.08.2017 ~ Trần Đình Hoành ~ Bình luận về bài viết này

Last update 14:39 | 16/08/2017

vietnamnet

Minister of Transport Truong Quang Nghia said the investor of Cai Lay BOT toll station in the southern province of Tien Giang had agreed to reduce the fees following opposition.

Many drivers are putting small notes into bottles when they pay toll fees at Cai Lay BOT toll station to protest at excessive fees

According to drivers, the fees of VND35,000-180,000 (USD1.50-8.18) to travel on a 12-km road with just two lanes was too high. Meanwhile, the fees of for vehicles of from seven seats and lower is just VND40,000 (USD1.80) on Trung Luong-HCM City Highway which is up to 50km and has four lanes. Tiếp tục đọc “Transport minister addresses over-charging BOT toll station” →

NA committee discusses BOT controversy

16.08.201716.08.2017 ~ Trần Đình Hoành ~ Bình luận về bài viết này

vietnamnews

Update: August, 16/2017 – 10:01

The National Assembly (NA) Standing Committee held a working session on supervising implementation of BOT (Build-Operate-Transfer) traffic projects in the wake of heated protests over one of them in the southern province of Tiền Giang. — VNA/VNS Photo Minh Trí

HÀ NỘI — The National Assembly (NA) Standing Committee held a working session on supervising implementation of BOT (Build-Operate-Transfer) traffic projects in the wake of heated protests over one of them in the southern province of Tiền Giang.

The BOT model, which primarily cedes construction of public traffic infrastructure to the private sector, has been utilised by the Government to alleviate the burden on the State Budget, especially after official development assistance (ODA) began running thin. Tiếp tục đọc “NA committee discusses BOT controversy” →

Đà Nẵng lists 68 PPP projects for investment

15.08.2017 ~ Trần Đình Hoành ~ Bình luận về bài viết này

vietnamnews

Update: August, 14/2017 – 17:30

Liên Chiểu Port in Đà Nẵng is one of a key project in infrastructure development. The city has called for investment in 68 projects in 2017-20. — VNS Photo Công Thành

ĐÀ NẴNG — The central city has listed 68 Public-Private-Partnership (PPP) projects, 22 of them in the hi-tech sector, calling for investment from domestic and foreign businesses in the 2017-20 period.

The projects are in the fields of education and training, healthcare, tourism and services, trade, infrastructure, hi-tech farms, entertainment and environment. Tiếp tục đọc “Đà Nẵng lists 68 PPP projects for investment” →

Vietnam promotes Public Private Partnerships in infrastructure

14.07.2017 ~ Phạm Thu Hương ~ Bình luận về bài viết này

Tran Thi Ly Bridge in Danang. – Richard Nyberg/USAID

USAID – Public-private-partnership (PPP) to promote infrastructure development in Vietnam

“Having a few competent experts behind us has been hugely beneficial.”

When it comes to Vietnam becoming a more competitive destination for investment in the region and achieving its full economic potential, the answer from Truong Quang Hung is clear: “People talk about different issues, but to me, improving infrastructure is vital at this stage of our development.” Tiếp tục đọc “Vietnam promotes Public Private Partnerships in infrastructure” →

FECON inks co-operation agreement with Japanese expressway companies

06.06.201706.06.2017 ~ Trần Đình Hoành ~ Bình luận về bài viết này

vietnamnews

Update: June, 06/2017 – 19:00

The Nam Cầu Giẽ tollbooth of BOT road project on National Highway No 1. — Photo FECON

HÀ NỘI — Two Japanese expressway companies will transfer their technology and management capacity in transport infrastructure to Việt Nam’s Foundation Engineering and Underground Construction Joint Stock Company (FECON).

The move is part of a strategic co-operation agreement on investment and development of transport infrastructure projects in Việt Nam signed between representatives of Japanese companies East Nippon Expressway Company (NEXCO) and Expressway International Company Limited (JEXWAY), and leaders of FECON and its subsidiary FECON Infrastructure JSC (FCI) in Tokyo today. Tiếp tục đọc “FECON inks co-operation agreement with Japanese expressway companies” →

NA urges railway investment

01.06.2017 ~ Trần Đình Hoành ~ Bình luận về bài viết này

vietnamnews Update: May, 31/2017 – 09:00

Workers work on the final steps in the construction of an urban railway crossing the Sài Gòn River in HCM City. — VNA/VNS Photo An Hiếu

HÀ NỘI — Lawmakers have urged the Government to encourage public private partnerships to draw private investment into the railway sector.

Discussing the draft revised Law on Railway at the ongoing third session of the 14th National Assembly (NA) yesterday, deputy Nguyễn Văn Thể from the Cửu Long (Mekong) Delta province of Sóc Trăng said that involving different business sectors into railway activities would attract investment from home and abroad to the railway system. Tiếp tục đọc “NA urges railway investment” →

Vietnam to develop 1,370km cross-nation expressway at $13bn

30.05.2017 ~ Trần Đình Hoành ~ Bình luận về bài viết này

Tuoi Tre News

Updated : 05/27/2017 11:05 GMT + 7

A section of the North-South Highway is completed in Ninh Binh Province.<br /><span></span>

Vietnam’s Prime Minister Nguyen Xuan Phuc has selected the official proposal for a colossal project to develop an expressway that runs from north to south.

The selected proposal, prepared by the Ministry of Transport and which has been open for feedback from state agencies, aims to develop 1,372 kilometers of expressway from now to 2025, with a hefty investment of VND314.1 trillion (US$13.84 billion). Tiếp tục đọc “Vietnam to develop 1,370km cross-nation expressway at $13bn” →

New infrastructure investments called for Asia and the Pacific growth

06.05.2017 ~ Trần Đình Hoành ~ Bình luận về bài viết này

vietnamnews

Update: May, 06/2017 – 12:46

ADB President Nakao delivers an opening speech at the ADB’s Annual Meeting of the Board of Governors in Yokohaman, Japan today. — VNS Photo Ngọc Bích

YOKOHAMA — Asian Development Bank President Takehiko Nakao has called for more investments in infrastructure to support continued growth in Asia and the Pacific amidst a range of emerging challenges.

Investment infrastructure will remain a priority for ADB as the bank prepares a new long-term strategy to respond to a rapid regional changes, Nakao confirmed while making his opening remark at the 50th Annual Meeting of ADB’s Board of Governors today morning.

Tiếp tục đọc “New infrastructure investments called for Asia and the Pacific growth” →

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