It has emerged that the Dau Giay-Phan Thiet Expressway PPP project, which involved the design, construction, financing, operation and maintenance of a 98.7km four-lane expressway linking the Dong Nai and Binh Thuan provinces of Vietnam and represented an investment of US$757.7 million, has been cancelled.
Infrastructure/PPP news in Vietnam
Metro Pacific Investments Corp (MPIC) has announced that its subsidiary MetroPac Water Investments Corporation (MPW) has signed a share purchase agreement for the acquisition of a 49% stake in Tuan Loc Water Resources Investment Joint Stock Company, one of the largest water companies in Vietnam.
The Asian Development Bank (ADB) has signed a US$100 million loan facility agreement with China Everbright International Limited (CEIL) to fund the development of a series of municipal waste-to-energy (WTE) plants in the Mekong Delta, in south-west Vietnam.
VinaCapital Vietnam Opportunity Fund (VOF), the flagship fund of VinaCapital, has announced that it has become a significant investor in Tasco JSC, a toll road operator and real estate development company in northern Vietnam, via a private placement.
Vietnam authorities are soliciting private investment in healthcare projects. Given the lack of public resources, PPPs has been seen as one of the effective solutions to promote healthcare development.
The Asian Development Bank (ADB) has signed an agreement to provide transaction advisory services to the Ministry of Transport (MOT) for Ho Chi Minh City Third Ring Road project.
China Everbright International Limited has announced that, since the Group successfully won the bid for Can Tho Waste-to-energy Project in Vietnam in July, the Group has been actively communicating and negotiating with the municipal government of Can Tho, and has signed an investment agreement with the Can Tho Construction Department for the Project and obtained a project investment license issued by the municipal government.
VINCI Concessions has signed a cooperation agreement with Vietnam Expressway Corporation (VEC), the Vietnamese highways agency. The signing at Government Guest House in Hanoi was followed by a ceremony attended by President Trần Đại Quang of Vietnam and President François Hollande of France.
China Everbright International Limited has won the bid to build Vietnam's first waste-to-energy project which will implement technologies for the harmless treatment, reduction and reuse of household waste.
The short listed projects were derived from regional and national infrastructure priority pipelines which were subjected to selection methodologies covering a range of criteria pertaining to strategic relevance, level of project development, project feasibility, complexity of implementation and fiscal impact. The short-listing process was conducted through desk review of projects based on available information and consultations with concerned public and private sector officials from the Member States, multilateral and bilateral development organizations and other relevant information sources.
The Ho Chi Minh City (HCMC) seeks to move on with a monorail line project and it is pushing the Ministry of Planning and Investment to add the project to the pipeline of public-private partnership PPP projects in order to begin the development as soon as possible.
Vietnam National Shipping Lines (Vinalines), a Vietnamese state-owned company, has sold its 51% stake in Vinalines Dinh Vu Port JSC to Viet Xuan Moi. Vinalines has already submitted the transaction to the Ministry of Transport for ratification.
The Airports Corporation of Vietnam (ACV) has recently announced a plan for selling a 7.4 percent stake to France's Aeroport de Paris, the airport company that owns and manages the fourteen civil airports and airfields near Paris.
The Ministry of Transport of Vietnam has recently announced that My Thuan-Can Tho expressway public private partnership (PPP) project in the Mekong Delta (southern Vietnam) has received interest from nine domestic and foreign teams.
The government of Vietnam, through the Public Procurement Agency (PPA), has selected the local subsidiary of PricewaterhouseCoopers as transaction advisor for the e-Government Procurement (e-GP) PPP project.
The governement of Vietnam, through its prime minister Nguyen Tan Dung, has granted permission to state-owned Vietnam National Shipping Lines (Vinalines) to sell its 80 % stake in Hai Phong Port and Saigon Port.
Metro Pacific Tollways Corporation (MPTC), the toll road unit of Metro Pacific Investments Corp (MPIC), has completed its investment in Vietnamese CII Bridges and Roads Investment Joint Stock Company (CII B&R). .
According to sources, the corporation could have chosen to receive funding from the Japan International Cooperation Agency for a $6.9 million, 15-month study but it concluded that a more "comprehensive" study is needed.
The government of Vietnam has approved the development of the Hon Khai island deepwater port public private partnership (PPP) project.
Vietnam's National Assembly (NA) has approved the Government's investment plan for the development of the Long Thanh Airport though a public - private partnership (PPP) project.