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Tuesday, September 26, 2023

Impediments to PPP projects

By Truong Trong Hieu

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Few efficient public-private partnership (PPP) projects have been executed since the introduction of this investment format under the Investment Law two years ago. However, new signs have been seen following the National Assembly’s resolution giving HCMC a wider avenue, on a trial basis, to implement PPP projects, but impediments are still awash when scrutinizing PPP projects elsewhere. What are PPP projects? By nature, PPP projects are public investment ones which the State uses its own budget to implement for the society’s welfare or public benefits, such as projects to develop […]
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