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INTRODUCTION
Implemetation Status of PPP Projects
A. BEFORE THE PROMULGATION OF THE GOVERNMENT'S DECREE No. 15/2015 / ND-CP DATED FEBRUARY 14, 2015 ON PPP PUBLIC PRIVATE PARTNERSHIP INVESTMENT:
With its dynamic and creativity, the city has proactively proposed, developed and implemented a number of diversified mechanisms to mobilize capital in addition to the state budget for development. The citiy became the first in calling for private sector participation to invest in infrastructure development under the traditional "Public Private Partnership" model (eg BOT, BOO, BT contract) since 1998 and has achieved some remarkable success.
From 2004 to 2015, 18 investment projects in the form of BOT, BT, BTO and BOO have been completed and are currently being implemented with a total investment of about VND 59,225 billion. Of 18 projects, there are 15 projects in the transportation sector, 1 in the environmental sector and 2 in underground parking.
* Some notable projects that have been completed and put into use:
- Phu My bridge construction project (BOT contract) - Total investment capital of VND2,914 billion;
- Sai Gon 2 Bridge Construction Project - Total investment capital of VND 1,827 billion.
B. AFTER THE PROMULGATION OF THE GOVERNMENT'S DECREE No. 15/2015 / ND-CP DATED FEBRUARY 14, 2015 ON PPP PUBLIC PRIVATE PARTNERSHIP INVESTMENT:
1. Projects that have completete contract signing and currently being implemented:
After the promulgation of the Government’s Decree No. 15/2015 / ND-CP dated February 14, 2015 on PPP Public Privrate Partnership became effective on October 4, 2015; the city has called for, completed contract signing and implemented – up until today- five investment projects under the PPP form with the total investment capital of approximately VND 11,902 billion; including the following: transporation (02 projects), environmental enhancement (1 project); public infrastructure (1 project) and culture (01 project).
* Some notable transportation and cultural projects:
- Investment project of two public passenger transport routes (waterway) under a BOO contract with total investment of VND 129 billion.
- Construction project of a cinema complexat District 12 Cultural center under a BOT contract with total investment of VND 44 billion.
2. Projects that are currently implementing investment procedures:
In addition to Projects that have completed contract signing, there are currently 130 projects implemented under PPP with total investment of VND 380,974 billion (investment preparation such as drafting, approving of project proposal, drafting of feasibility study, selecting bidders, and negotiating the contract)
By contract types: 94 projects under BT (accounting for 73%); 21 under BOT/BTO (16%); 8 under BTL/BLT (6%); 4 under BOO (3%) and 3 under O&M (2%).
By sectors: There are 93 projects in the Transport, Environment, Urban Development & Embellishment sectors, 2 in trade services, 4 in education, 14 in health and 17 in culture and sports.