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| DC 欄位 | 值 | 語言 |
|---|---|---|
| dc.contributor.advisor | 郭斯傑(Sy-Jye Guo) | |
| dc.contributor.author | Xuan-Dat Nghiem | en |
| dc.contributor.author | 嚴春達 | zh_TW |
| dc.date.accessioned | 2021-06-15T06:42:52Z | - |
| dc.date.available | 2012-07-25 | |
| dc.date.copyright | 2011-07-25 | |
| dc.date.issued | 2011 | |
| dc.date.submitted | 2011-07-07 | |
| dc.identifier.citation | REFERENCES
Ahmad Kreydieh, (1996). “Risk Management in BOT Project Financing.” Master thesis, Massachusetts Institute of Technology, United States of America. Bui, Ngoc-Toan, (2008). “Making and analyzing projects investment of transportation.” Project and Project Management of Transportation, Book, University of Transport and Communications, Hanoi, Vietnam. Chang, Luh-Maan; Chen, Po-Han (2001). “BOT Financial Model: Taiwan High Speed Rail Case.” Journal of Construction Engineering and Management May/June 2001. pp. 214-222. Donald G. Newnan, (1991). “Engineering Economic Analysis.” 4th Edition, California, United States of America. pp. 244-249 & 281-286. Dinh Kien, (2009). “Preliminary Study of BOT Transportation Project in Vietnam.” Master thesis, Advisor Prof. Luh-Maan, Chang. National Taiwan University, Taipei, Taiwan, pp.1-2 Dwight Perkins, Nguyen Xuan Thanh, Vu Thanh Tu Anh, Huynh The Du, Jonathan Pincus and Tony Saich, (2008), “Choosing Success: The Lessons of East and Southeast Asia and Vietnam’s Future.” A Policy Framework for Vietnam’s Socioeconomic Development, 2011-2020. Research funding was provided by the United Nations in Vietnam, Harvard University. N. D. Ninh, (2006). “Stakeholders’ perspective on risk and opportunities of BOT infrastructure projects in Vietnam.” A case study of the Yen Lenh Bridge Project, Master thesis, Asian Institute of Technology, Thailand. pp. 65-69. Steven J. Peterson, (2009). “Construction Accounting and Financial Management.” Second Edition, Upper Saddle River, New Jersey, Columbus, Ohio, United States of America. Robert C. Higgins, (2009). “Analysis for Financial Management.” 9th Edition, The University of Washington, United States of America. Vu, Kim-Yen, (2001). “Nghien cuu nang cao co so khoa hoc cua mot so phuong phap phan tich va danh gia du an dau tu trong truong hop chung va theo hinh thuc BOT.” PhD. Dissertation, National University of Civil Engineering, Hanoi, Vietnam. Business Monitor International, (2010). “Vietnam Infrastructure Report Q4, 2010.” Including 5-year industry forecasts by BMI, July, 2010. pp. 8-16. Business Monitor International, (2008). “Vietnam Infrastructure Report 2008.” Including 5-year industry forecasts. Decree No. 77/1997/ND-CP of the government issued on 18th June, 1996 about domestic investment under BOT, BTO and BT schemes. Decree No. 62/1998/ND-CP of the government issued on 15th September, 1998 about foreign investment under BOT, BTO and BT schemes. Decree No. 02/1999/ND-CP of the government issued on 27th January, 1999 for amendment of Decree No. 62/1998/ND-CP. Decree No. 197/2004/ND-CP of the government issued on 3rd December, 2004 about compensation, supports and resettlement for land acquisition by the government. Decree No. 78/2007/ND-CP of the government issued on 11th May, 2007 about investment under BOT, BTO and BT schemes. Decree No. 108/2009/ND-CP of the government issued on 27th November, 2009 about investment under BOT, BTO and BT scheme, replacing Decree No. 78/2007/ND-CP. Decree No. 69/2009/ND-CP of the government issued on 13th August, 2009 of the Government providing for land use planning, land prices, land recovery, compensation, support and resettlement. Decision No. 35/2009/QD-TTg of Prime Minister issued on 3rd March, 2009 about approval of adjusted transportation strategy of Vietnam until 2020 and vision until 2030. Decision No. 1327/2009/QD-TTg of Prime Minister issued on 24th August, 2009 about approval of road development planning of Vietnam until 2020 and guideline until 2030. Decision No. 1436/2009/QD-TTg of Prime Minister issued on 10th September, 2009 about approval of adjusted rail-road development planning of Vietnam until 2020, and vision until 2030. The World Bank, (2006). “Vietnam infrastructure Strategy – Cross-sectoral issues”, and “Vietnam Transport Strategy – Transition, Reform and Sustainable Management.” The World Bank. The World Bank, (2011). “East Asia and Pacific Economic Update 2011.” volume 1, 21th March, 2011, Singapore. pp. 105-108. The World Bank, (2010). “An Update on Vietnam’s Recent Economic Development.” For the Annual Consultative Group Meeting for Vietnam, December 7-8th, 2010, Hanoi, Vietnam. pp. 24. L’Istituto nazionale per il Commercio Estero. (2010). “Vietnam Infrastructure Report.” The report is part of the project “Azioni a favore del settore delle infrastrutture” September, 2010, Ho Chi Minh City, Vietnam. Law No. 13/2003/QH11 of National Assembly issued on 26th November, 2003 regulating administration and use of land. Law No. 59/2005/QH11 of National Assembly issued on 29th November, 2005 regulating investment activities. Law No. 60/2005/QH11 of National Assembly issued on 29th November, 2005 regulating enterprises. Law No. 70/2006/QH11 of National Assembly issued on 19th June, 2006 regulating activities of public offer of securities, conduction business and investing in securities, securities services and securities market. National Highway 10 BOT contract. [1]http://www.vision-associates.com/legal_news_detail/2/156/PPP-To-Boost-Infrastructure-Development-Investment [2]http://michaelturton.blogspot.com/2006/07/taiwan-and-bot.html [3]http://dynasty-investments.com/private-equity-blog/2009/04/30/what-is-the-vietnam-private-equity-market-worth/ [4]http://www.hids.hochiminhcity.gov.vn/xemtin.asp?idcha=1681&cap=3&id=2804 | |
| dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/47911 | - |
| dc.description.abstract | ABSTRACT
Vietnam’s infrastructure ranks 94th out of 133 countries surveyed in The Global Competitiveness Report 2009-2010 published by the World Economic Forum, indicating significant need for increased investment in the sector. Vietnam’s infrastructure spending over the past five years has averaged between 9% and 10% of GDP, the highest rate of the region. China and Indonesia devote 6% of their GDP to infrastructure, whereas those of Thailand 3.4% and the Philippines are less than 3%. Indeed, transportation is an important component and an indispensable step in the technical infrastructure. Oriented development of communications strategy has been always the first task of the transport sector in each country. The objectives of the research presented in this thesis are (1) Study the influence of some economic and technical indicators in the assessment efficiency of investment to build highways under the BOT form; (2) Research on the method of financial efficiency analysis and evaluation of transportation BOT projects in Vietnam. Some solutions suggested by this research can be arranged into three groups including: Financial management; Transportation planning; Policy and legal, institutional framework. This is achieved through properly analyzing the case study of National Highway No.10 BOT project based on recalculation financial planning and interview questions. The finding of this research would facilitate the overview of understanding mutual objectives of each type of stakeholders and best solutions for financial management which will reveal good opportunities for private sector to invest in infrastructure. | en |
| dc.description.provenance | Made available in DSpace on 2021-06-15T06:42:52Z (GMT). No. of bitstreams: 1 ntu-100-R98521745-1.pdf: 1417639 bytes, checksum: 7fbbe5d26693842a15ce438f096035d4 (MD5) Previous issue date: 2011 | en |
| dc.description.tableofcontents | TABLE OF CONTENTS
ACKNOWLEDGEMENT ii ABSTRACT iii TABLE OF CONTENTS iv LIST OF FIGURES ix LIST OF TABLES x Chapter 1: INTRODUCTION 1 1.1 Vietnam Economic Development 2 1.2 Problem Statement 3 1.3 Research Objectives 4 1.4 Research Scope and Limitation 4 1.5 Methodology 5 1.6 Structure of the Thesis 6 Chapter 2: LITERATURE REVIEW 8 2.1 Build-Operate-Transfer Definitions 9 2.1.1. Concept of a BOT Project 9 2.1.2. BOT Project Management Process 9 2.1.3. BOT Applicable Sectors 11 2.1.4. Concept of Project Financing Management 12 2.1.5. The Need for Good Financial Management 13 2.1.6. What is Financial Management? 14 2.1.7. Financial planning is about: 14 2.1.8. Financial Accountability 14 2.2 Current situation of BOT projects in Vietnam 15 2.2.1. Overview Infrastructure Development in Vietnam 15 2.2.2. Sources of Funding for Infrastructure Investment 16 2.2.3. Legal Environment 18 2.2.4. Vietnam Private Equity 20 2.2.5. Foreign Direct Investment for BOT Scheme in Vietnam 23 2.2.6. Cash Flow Management and Financial Engineering 24 2.2.7. The problems of BOT projects in Vietnam 25 2.3 Current Situation of BOT projects in the World 26 2.3.1. BOT Investment in Taiwan 28 2.3.2. BOT Investment in China 29 2.3.3. BOT Investment in the United States 30 2.3.4. BOT Investment in United Kingdom 31 Chapter 3: FINANCING OF BOT PROJECTS IN VIETNAM 34 3.1 Approval Processes and Procedures of BOT projects in Vietnam 35 3.1.2. Selection of Investor(s) 35 3.1.3. Memorandum of Understanding on Site Use Agreement 37 3.1.4. Negotiation of a BOT Contract 38 3.1.5. Negotiation of Other Project Documents 38 3.1.6. Investment Licence 38 3.1.7. Post Licensing 38 3.1.8. Execution of Project Agreements 39 3.1.9. Selection of Contractors 39 3.1.10. Land Acquisition 39 3.1.11. Environment 39 3.1.12. Financing 40 3.1.13. Construction 40 3.1.14. Completion of Construction/Commissioning 41 3.1.15. Toll Collection Network Master Planning 41 3.1.16. Road Tolls 41 3.1.17. Operations 41 3.1.18. Transfer of Toll Road/Bridge Infrastructure 42 3.2 Financing of BOT transportation projects 42 3.2.1. Domestic Capital Sources 42 3.2.2. Foreign Capital Sources 43 3.2.3. Vietnamese Security Issues 48 3.2.4. Loan Security in BOT projects 49 3.2.5. Government Support 50 3.2.6. Foreign Exchange Control 51 3.3 Key Vietnamese Legislation 54 3.3.1. Investment 54 3.3.2. BOT Project 55 3.3.3. Road Traffic and Transportation Plan 55 3.3.4. Toll collection 56 3.3.5. Land 57 3.3.6. Construction 57 3.3.7. Environment 58 3.3.8. Finance 58 3.3.9. Secured Transactions 59 3.3.10. Tendering 59 3.3.12. Others 60 3.4 Transportation BOT Projects calling for Foreign Investment 60 3.5 Demand of Vietnam’s Transportation development 61 3.6 Vietnam infrastructure projects finance 63 3.6.1. Strengths 63 3.6.2. Weaknesses 64 3.6.3. Opportunities 64 3.6.4. Threats 64 Chapter 4: FINANCIAL MANAGEMENT ANALYSIS OD BOT PROJECTS 65 4.1 Analysis some BOT transportation projects in Vietnam 66 4.1.1. Ha Noi – Hai Phong Expressway 66 4.1.2. Phu My Bridge Approach Roads Project 68 4.1.3. Rach Mieu Bridge Project - RMB 70 4.2 Case study – National Highway 10 project 73 4.2.1. Introduction 73 4.2.2. Financial Planning of BOT Contract 74 4.2.3. Recalculation of Financial Planning 75 4.2.4. The result of recalculation 75 4.2.5. Highlight Mistake in Financial Planning 76 4.3 Summary 77 Chapter 5: EVALUATION OF INVESTMENT EFFICIENCY IN BOT PROJECTS 78 5.1 Evaluating Investment Performance 79 5.2 Sensitivity Analysis 82 5.2.1. One variable 82 5.2.2. Two variables 84 5.2.3. The result of recalculation and evaluation investment efficiency 86 5.3 Financial Problems and suggest solutions 87 5.3.1. List of financial problems of BOT transportation projects in Vietnam 87 5.3.2. Solutions to enhance the investment efficiency of BOT transportation projects in Vietnam 89 5.4 Discussion and Interview with Experts 91 5.5 Result of Discussion and Interview with Experts 92 Chapter 6: CONCLUSION AND RECOMMENDATION 93 6.1 Conclusions 94 6.2 Recommendations 94 REFERENCES 96 APPENDICES 99 | |
| dc.language.iso | en | |
| dc.subject | BOT | zh_TW |
| dc.subject | 越南 | zh_TW |
| dc.subject | 基礎設施 | zh_TW |
| dc.subject | 財務分析 | zh_TW |
| dc.subject | 財務進行有效評估 | zh_TW |
| dc.subject | 靈敏度分析 | zh_TW |
| dc.subject | Infrastructure | en |
| dc.subject | Sensitivity Analysis | en |
| dc.subject | Financial Effective Evaluation | en |
| dc.subject | Vietnam | en |
| dc.subject | BOT | en |
| dc.subject | Financial Analysis | en |
| dc.title | 越南BOT專案財務管理分析之研究-以國道10號工程為例 | zh_TW |
| dc.title | Financial Management Analysis of BOT Transportation Projects in Vietnam
(A case study of the National Highway 10 project) | en |
| dc.type | Thesis | |
| dc.date.schoolyear | 99-2 | |
| dc.description.degree | 碩士 | |
| dc.contributor.oralexamcommittee | 曾惠斌(Hui-Pin Tsreng),陳柏翰(Po-Han Chen) | |
| dc.subject.keyword | 越南,BOT,基礎設施,財務分析,財務進行有效評估,靈敏度分析, | zh_TW |
| dc.subject.keyword | Vietnam,BOT,Infrastructure,Financial Analysis,Financial Effective Evaluation,Sensitivity Analysis, | en |
| dc.relation.page | 156 | |
| dc.rights.note | 有償授權 | |
| dc.date.accepted | 2011-07-07 | |
| dc.contributor.author-college | 工學院 | zh_TW |
| dc.contributor.author-dept | 土木工程學研究所 | zh_TW |
| 顯示於系所單位: | 土木工程學系 | |
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