SAV reveals flaws in BOT and BT projects

In the first session of the 15th National Assembly, State Audit of Vietnam (SAV) pointed out several flaws in the investment and operations of build-operate-transfer (BOT) and build-transfer (BT) projects. Conditions for the disbursement and payment of State’s capital contributions to projects and investor loans in BOT contracts have not been specified, while BT projects have delayed. SAV recommended financial settlements of VND1.13 trillion ($49.15 million) for BOT projects and VND1.8 trillion ($78.3 million) for BT projects.