HCMC Calls for Investment in 41 Projects through PPP
The People's Council of Ho Chi Minh City (HCMC) has approved a resolution to issue a project list inviting investment through the public-private partnership (PPP) model.
The list comprises 41 projects, with 6 in the healthcare sector, 12 in education and training, and 23 in sports and culture.
The issuance of the project list with 41 ventures aims to encourage and invite investors to participate in researching and implementing projects through the PPP model. During the implementation process, based on the urgency of each project, investor interest, and the city's budget balancing capabilities, the People's Committee will propose to the HCMC People's Council whether to invest in projects through public funding or other appropriate forms as per legal regulations.
The People's Council has tasked the HCMC People's Committee with organizing the implementation in accordance with the PPP Investment Law, Resolution 98, and related legal provisions. The process will involve transparently and openly disclosing comprehensive project information to facilitate monitoring by investors and the public.
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