BUILD-TRANSFER CONTRACT

Decree No. 24/2011/ND-CP dated April 05, 2011 of the Government amending a number of Articles of the November 27, 2009 Decree No.108/2009/ND-CP on investment in the form of Build-Operate-Transfer contract, Build-Transfer-Operate contract, Build-Transfer contract

Decree No. 108/2009/ND-CP dated November 27, 2009 of the Government on investment in the form of Build-Operate-Transfer, Build-Transfer-Operate or Build-Transfer Contract

Build-operate-transfer (BOT) contract means a contract signed between a competent state agency and an investor to build and operate an infrastructure facility in a specified duration. Upon the expiration of this duration, the investor shall transfer without compensation such facility to the Vietnamese State.