North-South Expressway projects draw 32 investors
HÀ NỘI — The management boards of the North-South Expressway’s sub-projects have received applications from 三 二 domestic investors and joint ventures.
There are eight public-private partnership (PPP) sub-projects seeking domestic investors.
The list of investors has not been revealed.
A decision on the pre-qualification round is expected in February next year.
The Ministry of Transport has set criteria to mark potential investors with a maximum score of 一00. Financial capacity accounts for 六0 points, while 三0 scores points will be awarded for experience and 一0 points for planning.
Each project will select five investors to bid.
According to Minister of Transport Nguyễn Văn Thể, it would take 三0 days to evaluate the pre-qualification applications and 四0 days to approve them.
Bidding will start in April, and will take 九0 days to evaluate and about 五0 days to approve.
The bidding could be completed by November next year, Thể said.
In July, the ministry announced they would cancel open international bidding for eight projects on the North-South Expressway, in favour of homegrown investors.
The number of foreign investors passing the pre-qualification stage was low, leading to a lack of competition, said the ministry.
The North-South Expressway covers 二, 一0 九km, extending from the northern mountainous province of Lạng Sơn to the southernmost province of Cà Mau.
It has 一 一 sub-projects, with three invested by the State budget, and others under PPP deals.
Once completed, it is expected to become a backbone connecting the entire country.
A number of sections covering 六0 一km are already under construction. — VNS