Challenge - explained

The World Bank is very important development partner for Vietnam and it has been supporting Vietnam in various aspects especially the financial sector or capital market  Previously, WB relied on the publicly available information and data but it is main in Vietnamese and there have a lack of standardised data set for the review and evaluation while the data provided by Vietnam Government agencies are very slow and data is of lagging for works. Infrastructure development in Vietnam has been a key priority of Vietnamese government for many years. Various schemes introduced to encourage for participation from private sector in financing and implementing this initiative. However, there have been lack of overall picture especially the financing demand and available source of funds to help Vietnam execute it as planned

Solution:

FiinResearch was selected by the World Bank and the Ministry of Transport to conduct a comprehensive study for the financing demand and gap analysis in meeting the development plan set out by the Government The research also involves reviewing various financing schemes such as PPP and BOT for expressways in Vietnam It also involves the survey and in-depth interviews with more than 20 existing and potential financing organisation including banks, infrastructure funds, other international lenders and local developers in identifying technical and commercial issues in financing such important projects.

Results:

Key findings were presented to WB and FiinResearch team also made a presentation to Vietnamese counterparts i.e. Ministry of Transport; Certain policies and initiatives have been developed or modified from the research. The paper also used by the Ministry of Transport in their policy papers to the Government and other international financing partners.