GUIDELINES ON PUBLIC PRIVATE PARTNERSHIP PROJECTS IN VIETNAM

Provisions on selecting preliminarily the public private partnership projects are stipulated in Circular 02/2016/TT-BKH in 1st March 2016.

*Investment in the form of public private partnership (also abbreviated as PPP) means a form of investment which is based on the contract between a regulatory agency and an investor (or an enterprise).
This signed contract aims to carry out, manage and operate an infrastructure or public service project.
This content is stipulated in the circular guiding preliminarily selection, formulation, appraisal and approval project proposals, and feasible studying reports of investment projects in the form of public private partnerships.
Accordingly, the criteria of preliminary selection for these investment projects are defined as follows:
  • In accordance with the zoning, the planning of industrial and regional development, and the planning of economic and social development in location;
  • In accordance with the investment fields defined in Article 4 of the Decree 15/2015/ND-CP on investment in the form of public private partnership;
  • The projects of the ministries, ministerial-level agencies, provincial People’s Committees will be prioritized;
  • Have abilities to generate revenue to payback for investors and prioritize the projects to create revenue from business activities.
In addition, projects may be considered prioritizing if they have the following additional criteria:
  • There are investors interested;
  • There are demands for large service;
  • There are favorable factors for investment implementation.
  • Other relevant factors (if any).
Circular 02/2016/TT-BKH take effect from the date of 18th April 2016.

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