HCM City seeks green light for major PPP projectsVietNamNet Bridge – The Ho Chi Minh City People’s Committee has submitted for Government approval a list of priority transportation and sanitation investment projects that will be developed in a Public Private Partnership (PPP) format between 2016 and 2020. The Ho Chi Minh City People’s Committee has submitted for Government approval a list of priority transportation and sanitation investment projects that will be developed in a Public Private Partnership (PPP) format between 2016 and 2020. At present, the city is developing five major infrastructure projects with a total investment capital of VND111 trillion ($4.93 billion), including VND91.4 trillion raised from Official Development Association (ODA) sources. Total cost for the project is VND11.3 trillion also invested by the Managing Board of Urban Traffic Project Construction. The owner of these two projects is the city’s Urban Railway Management Board.

Source: VietNamNet News July 29, 2016 02:03 UTC