What is a construction investment pre-feasibility study report in Vietnam?

What is a pre-feasibility study report in Vietnam?

Pursuant to Clause 2, Article 4 of the Law on Public Investment 2019 stipulating:

Pre-feasibility study report refers to a document presenting a preliminary study’s contents, including necessity, feasibility, efficiency, intended capital sources and estimated capital amounts of an investment project of national significance and a group-A investment project, as a basis for a competent authority to make its decision on an investment policy.

What is a construction investment pre-feasibility study report in Vietnam? (Image from the Internet)

What is a construction investment pre-feasibility study report in Vietnam?

According to Point a, Clause 1, Article 1 of the 2020 Amended Construction Law stipulating:

“construction investment pre-feasibility study report” means a document presenting a preliminary study’s contents, including necessity, feasibility and efficiency of construction investment, which serves as a basis for decision on or approval for the construction investment policy.

What are regulations on formulation of construction investment pre-feasibility study reports in Vietnam?

Pursuant to Clause 10, Article 1 of the 2020 Amended Construction Law stipulating:

Before making construction investment feasibility study reports, construction investment pre-feasibility study reports shall be formulated according to the following provisions:

- For national important projects and group-A projects using public investment funds, PPP projects as prescribed in the Law on investment in the public-private partnership form, and projects of which investment policies are approved by the National Assembly or the Prime Minister as prescribed by the Law on investment, the formulation of construction investment pre-feasibility study reports is compulsory;

- For projects other than those prescribed in Point a of this Clause, the formulation of construction investment pre-feasibility study reports shall be decided by investment decision makers;

- Procedures for formulation and appraisal of construction investment pre-feasibility study reports shall comply with the provisions of the Law on public investment, the Law on investment in the public-private partnership form and relevant laws;

- Contents of construction investment pre-feasibility study reports must comply with the provisions in Article 53 hereof, except those of PPP projects.

Best regards!