11 March, 2015
Legal News & Analysis – Asia Pacific – Vietnam – Corporate/M&A
The new PPP Decree (No. 15/2015/ND-CP) was issued on 14 February 2015 and will be effective from 10 April 2015.
(Click to enlarge)
In a nutshell, the new PPP Decree 15 provides a number of changes, including:
- More PPP projects forms (e.g., BOO, BTL, BLT, O&M)
- Removal of the cap on State equity participation
- Forms of viability gap funding
- Incentives in the tendering process to investors with approved feasibility studies or project proposals
- Choice of foreign law and dispute settlement
- Government guarantees and other incentives
- Online publication of PPP project status
For further information, please contact:
Manfred Otto, Duane Morris
Duane Morris Corporate/M&A Practice Profile in Vietnam
Homegrown Corporate/M&A Law Firms in Vietnam