Nearly 200 domestic, foreign investors keen on North-South expressway project

Along with domestic enterprises, more than 50 international organizations and companies from South Korea, Japan, China, Spain, England, Singapore, France, etc are interested in the North-South expressway project.

Domestic, foreign investors keen on North-South expressway project

Domestic, foreign investors keen on North-South expressway project

Additionally, over 300 delegates from agencies of National Assembly and Government, foreign embassies in Vietnam, relevant ministries and branches, sponsors, financial companies and 150 domestic and foreign organizations and enterprises participated in a conference to call for investment of building sections in the eastern route of the North-South expressway project in 2017-2020 under the chair of the Ministry of Transport yesterday. 

At the conference, Deputy Minister of Transport Nguyen Nhat said that the 14th National Assembly issued Resolution No. 52/2017 / QH14 dated on November 22, 2017 to approve the investment policy of building sections in the eastern route of the North-South expressway project in 2017-2020 at the fourth section. 

Nearly 200 domestic, foreign investors keen on North-South expressway project ảnh 1 A conference to call for investment of building sections in the eastern route of the North-South expressway project in 2017-2020 
In the period of 2017- 2020, construction of the 654-kilometer North-South expressway is divided into 11 component projects, including three public investment projects and eight investment projects in the form of public-private partnerships (PPP).

According to the law of Vietnam, the selection of investors for component investment projects in the form of PPP will apply the form of international bidding under two-stage open tender with pre-qualification and bidding stage. 

Up to now, international pre-qualification procedures of the PPP projects have been widely released to domestic and foreign investors. 

At the conference, the participants were provided detailed information about this project, pre-qualification process, requirement of the capacity and experience of investors in accordance with the law, necessary information on investment environment of infrastructure projects in Vietnam.

Besides, representatives of the Ministry of Transport, the Ministry of Planning and Investment, the Ministry of Finance, the State Bank of Vietnam and international consulting firms will answer questions of the delegates, organizations and businesses being interested in the project.

The Ministry of Transport said that along with clarifying and publicizing all information related to the project, domestic and foreign investors are guaranteed equal rights in accordance with Vietnamese law and can register investment if they have enough ability and experience. 


BY BICH QUYEN- Translated by Huyen Huong

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