10:39 | 05/09/2024

Is it necessary to adjust the investment policy if there are changes in Group A public investment projects?

Project group A, which has been issued a land use right certificate and requires new investment without altering the land use purpose, must it apply for an adjustment of investment policy?

Point d Clause 1 Article 22 Decree 40/2020/ND-CP

Regulations on the decision to adjust programs, public investment projects of groups A, B, C are as follows:

In cases where the adjustment increases the total investment of the project beyond the total investment that has been authorized, the adjustment procedures for the investment policy must be implemented in accordance with Article 34 of the Law on Public Investment and Article 11 of this Decree before the competent authority makes a decision to adjust the project.

In cases where there is an adjustment that increases the total investment of the project beyond the total investment that has been authorized, the adjustment of the investment policy must be carried out.


Therefore, you need to check your case "with new investment needs" to see if it increases the total project investment to apply for the adjustment of the investment policy.

Respectfully!

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