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Signing technical contract on development assistance for Public – Private Partnership projects

18/08/2014

On July 22nd, in Hanoi, Signing Ceremony of the technical contract on development assistance for Public – Private Partnership (PPP) projects between Egis – Adetef consortium and Ministry of Planning and Investment (MPI) of Vietnam was taken place. Ms. Fleur Pellerin, French Secretary of State for Foreign Trade, Promotion of Tourism and French National Abroad and Minister of MPI Bui Quang Vinh attested the Signing Ceremony.

 

    Attending the Signing Ceremony, there were Mr. Tomoyuki Kimura, Country Director of Asian Development Bank (ADB); Country Director of the French Development Agency (AFD); representative of France Embassy in Vietnam and representative of the bidding winner.

    According to this program framework, Egis – Adetef consortium are in charge of consulting the MPI in the strategy, institution, finance, environmental and social issues. This assistance will include transferring capacity and strengthening institutional in Governmental, Ministerial and affiliated agencies.

    The contract worth is US$ 3.5 million, with 5 years period (2013 – 2018) funded by ADB and AFD in order to support PPP development within the framework of Vietnam’s infrastructure investment plan. Besides, the Project aims to support the implementation of PPP cooperation through the establishment of project development capital, providing fund to assist the preparation of PPP projects. 

 

 

    Earlier, Minister Bui Quang Vinh and Ms. Fleur Pellerin had a meeting to discuss on some key projects in Vietnam using concessional loans of France. According to Ms. Fleur Pellerin, French enterprises desire to access Vietnam’s market and Vietnam is always considered as “promised land” with favorable and attractive investment environment. France is always ready to assist Vietnam in developing legal framework to facilitate PPP cooperation and desires Vietnam to continue creating favourable conditions, removing technical barriers for French enterprises to expand export items to Vietnam.

    She affirmed that France supported FTA between EU and Vietnam and desired the two Governments to continue high – level consultations to provide effective solutions for policy mechanisms, more facilitation for enterprises of the two countries developing mutually./.

(Source: MPI Portal)

 

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