Contractual risks in official development assistance (ODA) infrastructure project : a case study of Ho Chi Minh City water system | |
| Author | Vuong Quang Sang |
| Call Number | AIT Proj. no.MPM-CM-14-25 |
| Subject(s) | Construction contracts--Risk management Contractors |
| Note | A Project submitted in partial fulfillment of the requirements for the degree of Master of Engineering (Professional) in Construction Engineering and Infrastructure Management, School of Engineering and Technology |
| Publisher | Asian Institute of Technology |
| Series Statement | Project ; no. MPM-CM-14-25 |
| Abstract | Vietnam has gone through roughly three decades of “DoiMoi” (renovation or reconstruction), transiting to market economy formation and development, market opening and international economic integration. With lots of efforts to change the mentality, point of view and action, the process of international economic integration of Vietnam has gained and continues gaining remarkable achievements in terms of international trade, foreign investment, finance, banking and socio-economic development. However, there are also many shortcomings and weaknesses which need to be made good. In 1993, along with the international economic integration, Vietnam normalized the relation with the World Bank (WB), Asian Development Bank (ADB), International Monetary Fund (IMF) and other financial institutions and began many programs and projects to attract ODA funds. From 1993 to 2012, total committed ODA funds to Vietnam reached US$ 76.2 billion, out of which US$ 36 billion disbursed, equivalent to 3.36% of GDP (source: Ho Chi Minh National Academy of Politics and Public Administration, 2014), contributing to the development of socio-economy of the country, to the success of obtaining the Millennium Development Goals which have been set for the year 2015 and other long-term goals, of which the development of technical infrastructures in Vietnam accounts for a big proportion, especially the development of urban technical infrastructures. However, there are still many shortcomings. There are three ‘bottlenecks” to the development of Vietnam economy. Those are:Institutional Quality of human resourcesInfrastructures (technical and social)The overcome these shortcomings and weaknesses in the near future of Vietnam is most urgent, including the weaknesses in development of urban technical infrastructures. Ho Chi Minh City, the biggest city and the economic, cultural and social center of the country, is also in the same common situation of the economy. With valuable knowledge learnt from the Construction Project Management Program of Asian Institute of Technology, the author of this document expects to combine literature reviews from books and practical management of ODA technical infrastructure projects in water supply system of HCMC –Vietnam, in which the writer has been directly involved for many years, to point out a view, analyses, assessments and recommendations, with expectation to make a small contribution to the remedy of shortcomings and weaknesses, specifically in management of contractual risks in urban technical infrastructure projects in general and water supply sectorinparticular. This is also an opportunity for the author himself to improve knowledge, enhance project management capacity. |
| Year | 2014 |
| Corresponding Series Added Entry | Asian Institute of Technology. Project ; no. MPM-CM-14-25 |
| Type | Project |
| School | School of Engineering and Technology (SET) |
| Department | Department of Civil and Infrastucture Engineering (DCIE) |
| Academic Program/FoS | Construction Engineering and Infrastructure Management (Professional Master) (MPM-CM) |
| Chairperson(s) | Hadikusumo, Bonaventura H. W.; |
| Examination Committee(s) | Chotchai Charoenngam;Santi Charoenpornpattana; |
| Degree | Project (M. Eng.) - Asian Institute of Technology, 2014 |