April 07, 2022 | 09:54

Measures needed to fund expressway construction to 2030

Ánh Tuyết

Capital demand for implementing expressway projects to 2030 totals up to VND900 trillion ($39.41 billion), of which the State budget can meet VND600 trillion ($26.25 billion), with the remaining VND300 trillion ($13.16 billion) to be mobilized from domestic and foreign investors. In order to attract private investment, Mr. Nguyen Xuan Cuong, Deputy Director-General of the Directorate for Roads of Vietnam, said that the profit margin of build-operate-transfer (BOT) projects should be increased to over 15 per cent and the rate of State capital contribution could be increased to 70 per cent.

Measures needed to fund expressway construction to 2030
Photo: Illustration
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