October 31, 2014
Vietnam is considering selling its ownership in several major highways to help pay for more road projects.
The Ministry of Transport (MoT) recently said that the government’s infrastructure investor body Vietnam Infrastructure Development and Finance Investment (VIDIFI), would sell 70% of its ownership in the Hanoi–Hai Phong Highway project to a buyer from India.
The move is part of a strategy that could see Vietnam sell off more of its investment in highway projects, either under construction or complete