USAID Supports Vietnam’s first Public Private Partnership (PPP) Law

Speeches Shim

Friday, October 11, 2019

According to the World Bank, Vietnam needs approximately $25 billion per year in investment to meet its sustainable infrastructure needs. Given the government's current budget constraints and a self-imposed public debt cap, securing private capital through PPPs is critical for creating fiscal space to adequately address Vietnam’s public infrastructure needs. In response to these needs, USAID’s Learning Evaluation Analysis Project (LEAP) III is helping the Government of Vietnam to draft the country’s first PPP law. LEAP III is providing technical drafting support, private sector input, and research and analysis on some critical topics to draft a law that will be submitted for consideration in the upcoming National Assembly Session in October.

So What? USAID is helping Vietnam incorporate international best practices into its first PPP law to facilitate greater private engagement in public infrastructure development. This will help Vietnam improve its business enabling environment, raise the country’s competitiveness, and accelerate Vietnam’s Journey to Self-Reliance.  

Last updated: July 30, 2021

Share This Page