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IDA guarantee supports first competitively-bid private power project in Vietnam (English)

International Development Association (IDA) provided its first Partial Risk Guarantee (PRG) for Vietnam in support of the second phase of the Phu My Power Project. This is the first private infrastructure build-operate-turnover (BOT) project launched under an internationally competitive bid in Vietnam, and it is expected to set the framework for future private sector infrastructure developments in the country.

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IDA guarantee supports first competitively-bid private power project in Vietnam (English). Project finance and guarantees notes Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/125351468172174010/IDA-guarantee-supports-first-competitively-bid-private-power-project-in-Vietnam