Dau Giay-Phan Thiet expressway to be built under PPP scheme.

10:05, 19/05/2008

(ĐN)- The Prime Minister agreed with relevant ministries in adding Dau Giay-Phan Thiet expressway in to the priority list of projects financed by International Bank for Reconstruction and Development (IBRD).

(ĐN)- The Prime Minister agreed with relevant ministries in adding Dau Giay-Phan Thiet expressway in to the priority list of projects financed by International Bank for Reconstruction and Development (IBRD), paving the way for local ministries to start negotiations with the World Bank over the funding. The project is estimated to cost more than US$750 million.

 

Before that, the Transport Ministry and WB also agreed to pilot the public-private partnership (PPP) scheme in developing Dau Giay-Phan Thiet and Ninh Binh-Thanh Hoa projects.

Reported by H.B