The criteria for classification of group-A investment projects according to the Law on Public Investment in Vietnam

The criteria for classification of group-A investment projects according to the Law on Public Investment in Vietnam (Image from the Internet)

According to Article 8 of the Law on Public Investment 2019 (effective from January 1, 2020) stipulating:

Except investment projects of national significance specified in Article 7 herein, projects falling under one of the following criteria shall be classified as group-A investment projects:

1. Those projects falling into the following circumstances, irrespective of the gross investment:

a) National defence and security projects rated top secret;

b) Hazardous and explosive production projects;

c) Investment projects in construction of infrastructure of industrial parks, export processing zones and hi-tech parks;

2. Those projects with the gross investment worth 2,300 billion dong or greater in the following fields:

a) Transport, including bridges, seaports, inland ports, airports, railways and national highways;

b) Electric power industry;

c) Oil and gas production;

d) Chemical, fertilizer and cement production;

dd) Machine manufacturing and metallurgy;

e) Mining and mineral processing;

g) Construction of residential buildings;

3. Those projects with the gross investment worth 1,500 billion dong or greater in the following fields:

a) Transport, except those projects specified in point a of clause 2 of this Article;

b) Water resources and irrigation;

c) Water supply and drainage, waste treatment and construction of other technical infrastructure;

d) Electrical engineering;

dd) Production of communication and electronic equipment;

e) Pharmaceutical chemistry;

g) Production of materials, except those projects specified in point d of clause 2 of this Article;

h) Mechanical engineering projects, except those projects specified in point dd of clause 2 of this Article;

i) Post and telecommunications;

4. Those projects with the gross investment worth 1,000 billion dong or greater in the following fields:

a) Agricultural, forestry and aquacultural production;

b) National parks and nature reserves;

c) Technical infrastructure of new urban zones;

d) Industry, except for those projects in the industrial sectors specified in clause 1, 2 and 3 of this Article;

5. Those projects with the gross investment worth 800 billion dong or greater in the following fields:

a) Health, culture and education;

b) Scientific research, information technology, radio and television broadcasting;

c) Treasure;

d) Tourism, sport and physical activities;

dd) Civil construction, except construction of residential buildings specified in point g of clause 2 of this Article;

e) Projects developed in the national defence and security field, except those projects specified in clause 1, 2, 3 and 4 of this Article.

Above is our consulting content. For more related content, you can see more at the Law on Public Investment 2019.

Best regards!