Enhance the Quality of the Management System for BOT road Transport Investment Project in Viet Nam

Abstract

The PPP (Public Private Partnership) contract has been applied in Vietnam for 13 years, initially achieved certain success, ensuring the project's goals, contributing to providing the basis technical infrastructure for the economic development of the country. But from the perspective of investment efficiency, socio-economic efficiency, people's interests are not achieved, there are too many shortcomings, group interests are rampant, public opinion and public opinion are against the total investment. Investment, fee rates, environment, ... State audit, Government inspectors discovered hundreds of projects with problems that had to cut down on toll collection time, toll rates, and staff involved in the project. reasons for hiding revenue, tax evasion, etc. In addition, there are other violations such as quality, maintenance, and environment during the exploitation period that must be adjusted.
From the perspective of state management, the form of PPP investment is now fully operational, with a full system of management and control tools, but the socio-economic efficiency is still low. The transparency of the project is being opposed by the public, the ability to attract investment is poor, especially foreign investors lack confidence and do not participate. That shows that the "quality of management system" is not effective, there should be a solution to improve the quality of the management system for the type of investment in the form of PPP.