Vietnam: Guidance on making feasibility study report of PPP investment projects

The Ministry of Planning and Investment of Vietnam issued the Circular No. 09/2018/TT-BKHĐT providing guidance on the implementation of the Government’s Decree No. 63/2018/ND-CP on investment in a public-private partnership form.

According to the Circular No. 09/2018/TT-BKHĐT of the Ministry of Planning and Investment of Vietnam, feasibility study report refers to a document describing subject matters of the study relating to the necessity, feasibility and efficiency of a PPP project. Documentation included in the application package for evaluation of FSR shall comprise:

- Application document for approval of the feasibility study report;

- Full texts of the feasibility study report;

- Full texts of the written agreements between Ministries, sectoral administrations or provincial-level People’s Committees and investors to authorize investors to prepare feasibility study reports (with respect to projects proposed by investors);

- Decision on approval of the policy on investment in a project (except group-C projects);

- Other relevant legislative materials and documents.

Also according to the Circular No. 09/2018/TT-BKHĐT, a feasibility study report includes:

- Necessity of an investment project;

- Technical Interpretation of a project;

- Impacts on environment, society, national defence and security;

- Demand forecasting;

- Analysis of socio-economic effectiveness;

- Financial analysis;

- Project contract type;

- Analysis of risks arising during the project implementation period;

- State support measures;

- Project implementation plan;

- Management of project implementation.

View more details at the Circular No. 09/2018/TT-BKHĐT of the Ministry of Planning and Investment of Vietnam, effective from February 15, 2019.

- Thanh Lam -

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