Vietnam: Guiding the detailed interpretations when applying PPP mixed contracts

20:25, 21/01/2019

This is a notable content of the Circular No. 09/2018/TT-BKHĐT of the Ministry of Planning and Investment of Vietnam 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, in case of proposal for application of mixed contracts, entities preparing projects or investors must give the detailed interpretations of the following information:

- Necessity of and advantages in applying mixed contracts in comparison to other contracts prescribed in clause 3, 4, 5, 6, 7, 8 and 9 of Article 3 in the Decree No. 63/2018/ND-CP of Vietnam’s Government;

- Main objectives and purposes of a projects; sequences for implementation of a projects and authority to grant the decision on corresponding contents;

- Feasibility of the method for construction, ownership, management, business, operation, use and transfer of project works; financial plans;

- Recommended principles of consideration of grant of a decision on award of contracts to investors upon selection of contractors in conformity with proposed contracts.

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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