This project will support building the capacity of Vietnamese government officials to ensure the effective implementation and enforcement of Vietnam’s forthcoming Public Private Partnership (PPP) Law. The main beneficiary of the project is Vietnam’s Ministry of Planning and Investment (MPI), particularly the Vietnam Institute for Development Studies (VIDS) and the Public Procurement Agency (PPA).
To project will provide technical assistance through its two components:
- a joint feasibility study by an implementing partner and the PPA on the effective implementation of the PPP Law;
- capacity-building support for conducting infrastructure market studies in the form of a training workshop, a week-long exposure mission in Canada, and post-training advisory for a gender-balanced group of VIDS officials. Relevant cross-cutting issues, such as gender equality, social inclusion and environmental protection, will also be incorporated into the training.
Expected results include the increased capacity of MPI, particularly in developing implementation instruments and strategies that will support the effective implementation and enforcement of the draft PPP Law once passed, conducting infrastructure market studies to gain market insight and forecast trends, and identifying and resolving barriers inhibiting private participation in infrastructure projects.
Problem being addressed by CTIF
Vietnam is among the top recipients of investment in the Asia-Pacific region, with USD 3.6 billion worth of investments committed to public-private infrastructure projects in 2018. However, current legal frameworks and public sector capacity to coordinate PPP projects remain insufficient. The Government hopes that the forthcoming PPP law, which is expected to be issued by 2020, will consolidate all pre-existing laws, decrees, and regulations into a single harmonized document.
Recognizing that implementation and enforcement by the relevant government agencies are critical to the success of the PPP law, the project will assist in enhancing MPI’s capacity as the lead agency for implementing the law.
The effective implementation of the PPP law supports increased market access for investments through PPP financing, which may contribute to the effective delivery of public infrastructure in key areas (e.g. transportation, public lighting, water treatment, telecommunications, agricultural facilities) and in turn contribute to improving the general public’s welfare.