09:54 07/04/2022

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.

Photo: Illustration
Photo: Illustration