Under a decision of the People's Committee of Ho Chi Minh City, a Management Board for Investment and Construction of Transportation Projects (referred to as the Transportation Board) has been established.
The unit is formed through the merger, consolidation and transfer of functions from several project management boards, with the aim of streamlining organizational structure and improving the efficiency of investment and construction management in the transportation sector.
According to the decision, the board will act as the investor for urban traffic construction projects using budget capital, state capital outside the budget, and other projects assigned by the City People's Committee.
In addition, the unit provides project management services, project management consultancy, construction supervision and may participate in investment through social sources or public–private partnerships (PPP) when eligible.
Google translate