Minister of Transport Thang Van Nguyen told Vietnam’s parliament on Monday that investors were not interest in taking part in public private partnerships (PPPs) because the returns are low, and the came with high financial risks, The Investor is reporting. He also notes that:
- The 50 percent the state puts in is unattractive because site clearance costs are often elevated and eat up most of the state’s investment; and
- That foreign firms aren’t interested because there are revenues, foreign currency convertibility, and site clearance are not guaranteed.