What is the feasibility study report form of the PPP project? What is the content of the feasibility study report of the PPP project in Vietnam?
- What is the feasibility study report form of the PPP project in Vietnam?
- What is the content of the feasibility study report of the PPP project in Vietnam?
- What is the regulation on the appraisal of the feasibility study report of the PPP project in Vietnam? What is the procedure for appraising and approving the project feasibility study report proposed by the investor?
What is the feasibility study report form of the PPP project in Vietnam?
Feasibility study report is a document that presents research contents on the necessity, feasibility and effectiveness of a PPP project. Accordingly, the grounds for making a feasibility study report include:
- Laws, Decrees and guiding circulars related to project implementation in the form of PPP;
- Laws, Decrees and guiding circulars related to the investment sector and field of the project;
- Resolutions or decisions approving relevant plannings in accordance with the law on planning, national socio-economic development plans, sectoral, regional, and local development plans related to the project;
- Decisions and documents of competent authorities in the steps of formulation, appraisal and decision on project investment policies (except for group C PPP projects);
- Other relevant legal documents (if any).
Pursuant to Decree 35/2021/ND-CP guiding the Law on Investment under the mode of public-private partnership. The current form of the feasibility study report of the PPP project is made according to Form No. 01, Appendix III attached to Decree 35/2021/ND-CP.
Download the feasibility study report form of the PPP project Here.
What is the feasibility study report form of the PPP project? What is the content of the feasibility study report of the PPP project in Vietnam? (Image from the Internet)
What is the content of the feasibility study report of the PPP project in Vietnam?
Pursuant to the provisions of Clause 1, Article 24 of Decree 35/2021/ND-CP, Clause 2, Article 19 of the Law on Investment under the mode of public-private partnership 2020.
Main subject matters of a feasibility study report, including:
- Necessity of making investment; more advantages provided by PPP investment than other investment form; results of response to comments on the impacts of PPP projects upon receipt of opinions from People's Councils, People's Committees, Vietnam Fatherland Front of the provinces where the projects are located, or investment-related trade associations;
- Relevance to related national socio-economic development strategies, plans and other related planning schemes in accordance with law on planning;
- Objectives; scale; location; land and other natural resource demands;
- Project execution time and schedule, including contract term and construction time for projects with construction components;
- Explanatory notes on requirements concerning technical or technological plans, quality standards of construction works, infrastructure systems or public products and services; design dossiers prescribed under construction and other relevant laws; connection between component projects (if any);
- PPP contract type; project-related risk analysis and risk management measures;
- Investment incentive or guarantee form, mechanism for splitting of reduced revenues;
- Total investment; financial plan; estimated state capital and corresponding management and use method (if any); results of survey of interest of investors and lenders (if any); capability to raise capital for implementation of projects; plans for organization of management, business or provision of public products and services;
- Socio-economic efficiency; environmental impact assessment report prepared in accordance with law on environmental protection.
What is the regulation on the appraisal of the feasibility study report of the PPP project in Vietnam? What is the procedure for appraising and approving the project feasibility study report proposed by the investor?
Pursuant to the provisions of Clause 3, Article 24 of Decree No. 35/2021/ND-CP, Clause 2, Article 20 of the Law on Investment in the form of public-private Partnership 2020, subsection 2, Section 2, Part A, Appendix II issued together with Decision 244/QD-BKHDT 2019.
Assessment of a feasibility study report shall mainly focus on the followings:
- Conformity with legal bases;
- Necessity of making investment;
- Relevance to requirements concerning technical and technological plans, quality requirements and standards of the project, infrastructure systems or public products or services. The assessment of matters related to design, technical, technological documents and quality standards shall comply with regulations of law on construction and other relevant laws;
- Relevance of the PPP contract type;
- Financial feasibility; plans for organization of management, business or provision of public products and services;
-Socio-economic effectiveness.
Accordingly, the order and procedures for appraising and approving the project feasibility study report proposed by the investor are as follows:
- Investors are assigned to prepare feasibility study reports and send them to ministries and branches;
- Units assigned by ministries and branches to organize the appraisal of feasibility study reports;
- Ministries and branches approve the feasibility study report.
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