December 10, 2023 | 07:00 GMT+7

HCMC calling for investment in 41 PPP projects

Thanh Thủy -

Most capital in a single public-private partnership project is around $290 million.

The Ho Chi Minh City People’s Committee has called for investment in 41 projects in health, education and training, sports, and culture in the public-private partnership (PPP) model without capital mobilized from the State budget.

Investment in each project will range from VND1 trillion ($41 million) to VND7 trillion ($289 million).

The list of projects was submitted to the city’s tenth People’s Council’s 13th session, which opened on December 6, for approval.

The municipal People’s Committee also submitted to the session its plan for public investment in 2024, under which capital to be provided by the central State is estimated at nearly VND3.7 trillion (nearly $153 million), including more than VND1.14 trillion ($46 million) from foreign sources. Capital from the local budget, according to an announcement from the Ministry of Planning and Investment, will be some VND75.577 trillion ($3.12 billion).

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