International Experience and Lesson for Vietnam: "Raising Capital for Investment in Infrasreuctural Development in International Intergration"

Ha Thi Thuy Van, Vu Thi Kim Anh

Abstract


It is essential for each nation to invest, improve and retrofit its infrastructure. However, with the diverse participation of all economic sectors, each country has its own method of calling and attracting funds for infrastructure development.

Vietnam is in a strong urbanization context, so the development of infrastructure and capital investment in infrastructure development is a very important issue. According to the current development trend, the demand for investment capital for infrastructure has exceeded the state budget's ability. At the same time, traditional solutions in order to increase public investment resources are now hampered by the fact that the Vietnamese budget can not expand for infrastructure investments. Therefore, the infrastructure investments in the coming period must be based mainly on the experience of developed countries.

Studying the practical experience of mobilizing capital to develop infrastructure in ThaiLand, Malaysia, Singapore, Chile, China and India shows that developed countries have effective solutions to mobilize resources to invest to infrastructure development, creating a development motivation for socio-economic. This article explores the experience of raising capital for investment in infrastructure development in some countries who have many similarities in socio-economic situation with Vietnam, thereby we can learn a lot of good experience for Vietnam


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DOI: https://doi.org/10.5430/afr.v6n4p155

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