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.  

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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

[email protected]

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