Current Situation, Challenges, and Some Proposals for Developing the BOT Contract Investment Model in Road Transportation in Vietnam
摘要
In Vietnam, Public–Private Partnership (PPP) models are encouraged in road transportation infrastructure investment, with the Build-Operate-Transfer (BOT) contract being the most applied form. This type of contract plays a crucial role in the development of road transportation, especially in the context of limited state budget resources and the gradual reduction of Official Development Assistance (ODA) funds. However, BOT investment has recently shown signs of stagnation. This paper examines the current situation, identifies the challenges faced in BOT contract investments in road transportation in Vietnam, and analyzes the influencing factors. Based on these findings, several recommendations are proposed to further develop this investment model.