Vietnam: Grounds for amendment of an industrial cluster development plan

Recently, the Government of Vietnam has just issued Decree No. 66/2020/NĐ-CP providing amendments to Decree No. 68/2017/NĐ-CP dated May 25, 2017 of Vietnam’s Government on management and development of industrial clusters.

Specifically, according to Clause 5 Article 1 of Decree No. 66/2020/NĐ-CP of Vietnam’s Government, 03 grounds for amendment of an industrial cluster development plan are as follows:

- There are amendments to Vietnam's industrial development strategy, local strategies for development of priority industries and sectors, regional planning, provincial planning, and other local technical and specialized planning.

- There are changes in the land area used for development of industrial clusters to meet demands for lease of land to serve business operations and match with efficiency of investment in technical infrastructure facilities and ability to lease spaces of industrial clusters of districts.

- The investor in the technical infrastructure facility of the industrial cluster must be determined; if an industrial cluster is removed from the industrial cluster development plan, the industrial cluster relocation plan must be developed.

Especially, during their implementation, provincial industrial cluster development planning approved before January 01, 2019 may be modified and supplemented in accordance with regulations on management of industrial cluster development planning laid down in Decree No. 68/2017/NĐ-CP until the provincial planning is given approval in accordance with regulations of the Law on planning.

View more details at Decree No. 66/2020/NĐ-CP of Vietnam’s Government, effective from August 01, 2020.

Thu Ba

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