Ha Noi can offer more attractive terms to private investors in a new ring roadADBI Dean

Published: Oct. 2, 2017, 9:16 a.m.

b'Ha Noi, the Vietnamese capital, is renowned for its congested traffic. The government wants to build a third ring road around the city.\\n\\nBut it doesn\\u2019t have enough money for such a major project, with two other ring roads already under way. Some of the construction is being funded on a BOT basis\\u2014build, operate, transfer, whereby the investor constructs and maintains the ring road and gets the toll revenue for a certain period before handing it back to the public\\u2014and official development assistance from the Japan International Cooperation Agency.\\n\\nHowever, private investors aren\\u2019t much interested because the expected returns on investment are too low. How can the government increase the returns to make investment more attractive to private companies?\\n\\nRead the transcript\\nhttp://bit.ly/2wsCssC\\n\\nAbout ADBI dean, Naoyuki Yoshino\\nhttps://www.adb.org/adbi/about/dean \\n\\nWatch an ADBI video about spillover effects\\nhttp://bit.ly/2eZaTQM\\n\\nKnow more about ADBI\\u2019s work on spillover effects\\nhttp://bit.ly/2vVF81w'