Decree on PPP to take effect in July
illustration photo
The news was announced by Le Van Tang, director of the Public Procurement Management Agency under the Ministry of Planning and Investment (MPI) – the decree’s author – at the Consultation Workshop on the Draft Decree on PPP on Tuesday in Hanoi.
According to Tang, the new decree would replace Decree 108/2009/ND-CP dated July 27, 2009 on the build-operate-transfer (BOT), build-transfer-operate (BTO) and build-transfer (BT) models and Decision 71/2010/QD-TTg dated November 9, 2010 on piloting PPP.
MPI Minister Bui Quang Vinh, head of the board who drafted the decree, said the major objective was to attract more and bigger investments, particularly from foreign investors to develop Vietnam’s infastructure network.
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