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BOT projects struggle to draw private investment

by VTV410 June 2017 Last updated at 12:31 PM

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BOT projects struggle to draw private investment
Photo: Dantri
VTV.vn - The Eastern Trans-Vietnam Highway plan recently received approval from the government in May.

70% of this 13.6 billion USD project must come from the private sector. This is equivalent to nearly 9 billion USD. However, the process of drawing private investment is experiencing numerous challenges. The Ministry of Transport has recently released reports indicating that nearly 50% of BOT projects have suffered from profit losses. Many of them have to readjust financial planning. This has discouraged private investors from putting money into BOT projects. That's why the Ministry has recommended several solutions. These include long-term bank loans and increasing profit share for private investors by 3%.