Hoanh Bo takes advantage of Public-Private Partnership model

Monday, Aug 28 2017, 10:48
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QTV - As the state budget is limited, Hoanh Bo District is mobilizing the involvement of private businesses and investors to complete its infrastructure development. 
 

Thanks to PPP model, students enjoy well-equipped and spacious classroom
Thanks to PPP model, students enjoy well-equipped and spacious classroom

In school year 2017-2018, 3 new nationally standardized schools in Hoanh Bo, namely, Quang La Elementary School, Le Loi Kindergarten, a part of Troi Town Kindergarten, will be opened. These educational establishments were constructed under the form of Build-Service-Transfer. The 3 new Public-Private Partnership (PPP) schools, with total investment of 70 bill VND, increase the total of nationally standardized schools in the district to 60% from 46% in 2016. Had it not been for the PPP model, the construction time would have been 5 years. At the moment, PPP model solves not only capital shortages but also post-investment management difficulties. 
Translated by Dao Linh

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