VIETNAM: HCMC TIRES OF BOT RIP-OFFS

The Ho Chi Minh City government has put on hold all Build-Operate-Transfer (BOT) and Build-Transfer (BT) projects still under negotiation. A new set of procedures governing the format must be implemented first, it said. Vice-Chairman Tran Vinh Tuyen commented that the process must be transparent and protected against all possible irregularities....

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