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Project Structure

The DPEP is proposed to be developed through the PPP model on a DBFOT basis.

  • The Project Enterprise shall enter into the Project Contract with the MOT. The proposed concession period for the DPEP is 30 years.
  • The Project Enterprise shall be responsible for the design, construction, financing, operations, and maintenance of the DPEP.
  • The total construction cost for the DPEP shall be funded through:
    • Equity contribution from the investor (i.e. BITEXCO and the second investor selected),
    • Viability Gap Financing (VGF)support from the Government of Vietnam,
    • IBRD loan on-lent by the Government of Vietnam to the project enterprise, and
    • Commercial debt from banks and financial institutions
  • The Government of Vietnam shall acquire the land required for the DPEP alignment and create relevant linkages to the DPEP.
  • The Project Enterprise shall levy and collect the toll charges from the users of the DPEP.
  • The MOTshall monitorthe performance of the Project Enterprise through the concession period.
  • The Project Enterprise shall transfer the DPEP back to the MOT at the end of the concession period.