Transport ministry cancelled international bidding for North-South Expressway, seeks bids from domestic investors
The transport ministry announced on Monday they would cancel open international bidding for eight projects of the North-South expressway, in favour of homegrown investors.
The decision was made on the consensus reached after consulting relevant agencies, transport ministry said in an announcement sent to the media, adding that it would adjust pre-qualification bidding invitations to better suit open domestic bids for eight public-private-partnership (PPP) projects for the eastern section of the trans-Việt Nam highway.
Domestic investors, according to the ministry, are fully capable of implementing construction sub-projects for the expressway project.
