Tightening Criteria for Selecting Investment Projects in the Form of BOT

13:43, 11/07/2024

This is the directive of the Standing Committee of the National Assembly at Resolution 437/NQ-UBTVQH14 on tasks and solutions to continue improving and promoting legal policies on investment and operation of transportation projects in the form of BOT.

The UBTVQH requests the Government of Vietnam, the Prime Minister of the Government of Vietnam to focus on implementing the following tasks:

- Strictly regulate the criteria for selecting projects for investment in the form of BOT contracts in particular and PPP investment forms in general;- Supplement criteria for evaluating the financial capacity of investors, and sanctions for investors who are slow in finalizing accounts and fulfilling transparency obligations;- Promptly issue norms, unit prices, and announce market price indices appropriate to the actual conditions of transportation projects in the form of BOT contracts;- Only invest in new road routes under road projects invested in the form of BOT contracts, ensuring the choice for people; do not invest in projects to renovate and upgrade existing one-way roads.

See more at Resolution 437/NQ-UBTVQH14 dated October 21, 2017.

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