– 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.
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.
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.