Abstract
In 1997 Ho Chi Minh City was given a green light by the Prime Minister to set up an urban investment fund with the objective of mobilizing funds for infrastructure development in the city. It was thought that this specialized municipal financial institution would provide a channel for efficient public investment, and would encourage the participation of private and foreign investors in urban infrastructure development. Shortly after that, several other provinces and cities were included in this pilot program. And a proposal to set up the investment fund in all provinces has also been made to the Prime Minister Office. What are the pros and cons of this proposal?Pages:
17
Type:
Case
Date Published:
May 14, 2003
Language:
English
Author:
Main Topic: