Vietnam: Conditions for making project proposal and project proposal made by PPP investor

14:50, 15/09/2018

On May 04, 2018, the Government of Vietnam issued the Decree No. 63/2018/NĐ-CP amending Decree No. 136/2015/NĐ-CP on the investment in the form of Public-Private Partnerships (PPP).

According to the Decree No. 63/2018/NĐ-CP of Vietnam’s Government, conditions for making project proposal and project proposal made by PPP investor are as follows:

1. Conditions for making project proposal

- Investors may propose the projects other than the ones approved by ministries, regulatory bodies and People’s Committees of provinces and make an announcement about such projects according to the regulation in Section 1 of this Chapter.

- Requirements for the projects proposed by the investors:

+ The projects shall satisfy the requirements defined in the regulation in Clause 1 Article 20 of this Decree;

+ The investor being a state-owned enterprise shall establish a joint venture with another enterprise when proposing the project provided that competitiveness in bidding is ensured as prescribed in law on bidding.

2. Project proposal made by the investor

- A written proposal for the project execution, including commitment to take all risks and bear all costs if the project proposal is not approved.

- Pre-feasibility study report or feasibility study report in case of group C project.

- A document confirming the legal personality, capacity and experience of the investor.

- Other necessary documents used for explaining the project proposal (if any).

View more details at Decree No. 63/2018/NĐ-CP of Vietnam’s Government, effective from June 19, 2018.

- Thanh Lam -

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