Vietnam: Power to approve cost estimates for urban development programs

On November 30, 2017, the Ministry of Construction of Vietnam issued Circular No. 12/2017/TT-BXD, which specifies the power to approve cost estimates for urban development programs.

According to Circular No. 12/2017/TT-BXD of the Ministry of Construction of Vietnam, the power to appraise and approve cost estimates for urban development programs and proposals for development of areas into urban areas is as follows:

- The Ministry of Construction organizes appraisal and approval for cost estimates of urban development programs and proposals for development of areas into urban areas (if the area to be developed into urban area comprises two provinces or more).

- People’s Committees of provinces or authorized authorities organize appraisal and approval for estimates of costs of formulating and appraising the urban development program for the whole province and proposals for development of areas into urban areas (if the area to be developed into urban area comprises two districts of a province or more);

- People’s Committees of districts organize appraisal and approval for estimates of costs of formulating and appraising the program for development of each urban area and proposals for development of areas into urban areas (if the area to be developed into urban area comprises administrative divisions under the management of the people’s committee of that district and area to be expanded).

Notably, the authorities competent to consider approving costs of formulating urban development programs or costs of formulating proposals for development of areas into urban areas shall have the power to consider approving cost estimates for modification thereof.

View details at Circular No. 12/2017/TT-BXD of the Ministry of Construction of Vietnam, effective from February 01, 2018.

-Thao Uyen-

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