Procedures for the transfer of infrastructure assets of irrigation works invested in construction managed by the Provincial People's Committee of Vietnam

Procedures for the transfer of infrastructure assets of irrigation works invested in construction managed by the Provincial People's Committee of Vietnam
Que Anh

On January 24, 2025, the Ministry of Finance of Vietnam issued Decision 143/QD-BTC announcing newly issued administrative procedures in the field of public asset management under the management function of the Ministry of Finance, including the procedure for reclaiming assets of irrigation infrastructure.

Procedures for the transfer of infrastructure assets of irrigation works invested in construction managed by the Provincial People's Committee of Vietnam

The procedure for allocation of irrigation infrastructure assets constructed under management by the Ministry of Agriculture and Rural Development/Provincial People's Committee of Vietnam is as follows:

- The project investor prepares a dossier requesting asset allocation and submits it to the specialized irrigation agency within the Ministry of Agriculture and Rural Development/provincial specialized irrigation agency.

- The specialized irrigation agency within the Ministry of Agriculture and Rural Development submits to the Minister of Agriculture and Rural Development for consideration and decision on asset allocation (for assets managed by the Ministry of Agriculture and Rural Development).

The provincial specialized irrigation agency shall lead and coordinate with the agency assigned to manage provincial state assets and relevant local agencies and units to submit to the Provincial People's Committee for consideration and decision on asset allocation (for assets managed by the Provincial People's Committee).

- Upon obtaining the Decision on the allocation of irrigation infrastructure assets by the Ministry of Agriculture and Rural Development/Provincial People's Committee, the relevant parties shall carry out the handover and receipt of the assets.

Method of implementation: Submit the dossier directly or through postal services or electronically if a digital signature is available.

Within 60 days from the date of receiving the complete dossier from the project investor:

- The specialized irrigation agency within the Ministry of Agriculture and Rural Development submits to the Minister for consideration and decision on asset allocation.

- The provincial irrigation agency leads, cooperates with the agency assigned to manage provincial public assets, and relevant local agencies and units to submit to the Provincial People's Committee for consideration and decision on asset allocation.

For assets managed by the Ministry of Agriculture and Rural Development: Within 30 days from the date of obtaining the Decision on the allocation of irrigation infrastructure assets by the Minister of Agriculture and Rural Development, the project investor shall carry out the handover of assets to the enterprise assigned the assets. The handover and receipt of assets must be documented in a report according to Form No. 01/BB in the Annex issued with Decree 08/2025/ND-CP.

More details can be found in Decision 143/QD-BTC, effective from January 24, 2025.

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