Completing Capital Mobilization Plan for Road Maintenance in Viet Nam

EasyChair Preprint no. 3039

Abstract

Planning of road transport development in Vietnam vision to 2030 has emphasized the role of maintenance work in order to make the most of existing transport infrastructure capacity to ensure efficiency and sustainability in exploitation. The Government has also implemented numerous policies to mobilize investment capital for road maintenance and recorded some achievements (in the 2013-2018 period, the average capital allocated for national highway maintenance was VND 6,778.644 billion/year, many times higher than the period from 2009-2012 which was VND 2,615.13 billion/year). However,  granted capital for annual maintenance has not met the demand. One of the reasons is that the capital mobilization planning is still limited, particularly the planning medium and long-term maintenance has many shortcomings, not close to reality. Based on the analysis of existing capital and capital needs as well as the survey results, with the aid of SPSS software, the author has proposed solutions to complete capital mobilization planning,  aims at increasing revenue for road maintenance, through improving capacity for medium and long-term maintenance planning.

Keyphrases: Capital mobilization, maintenance plan, Road Maintenance

@Booklet{EasyChair:3039,
  author = {Dung Nguyen Thi Tuyet and Hung Bui Manh and Phuong Nguyen Thi Lan},
  title = {Completing Capital Mobilization Plan for Road Maintenance in Viet Nam},
  howpublished = {EasyChair Preprint no. 3039},

  year = {EasyChair, 2020}}