越南BOT專案財務管理分析之研究-以國道10號工程為例

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.