Reported about 1 year ago
The National Development Council (NDC) announced on June 23, 2024, plans to promptly review the current mechanism of introducing private participation in public construction. The media reported on June 23 that insurance funds are ready for investment in public construction, with the only missing piece being NDC's approval. In response, NDC clarified misunderstandings about the public construction approval system and outlined plans to adjust mechanisms and regulations to encourage more private participation in public projects, aiming to increase domestic fund involvement and expedite construction projects.
Source: YAHOO