Study to Complete the Risk Allocation Process in the Public Private Partnership (PPP) Project in Technical Infastructure Construction Investment in Vietnam

Risk allocation is the key to successful risk management of PPP projects in technical infrastructure construction investment. Risks should be allocated to the party who is best, that is able to control and manage risks. Reasonable allocation of risks provides incentives for all parties to prevent and minimize risks. This paper has focused on the study of the optimal risk allocation process for stakeholders of PPP projects in Vietnam in technical infrastructure development, in order to increase the readiness and clarify responsibilities of stakeholders in risk management through all phases of the project life cycle, that contributing to improving the efficiency of PPP project implementation in Vietnam