What conditions must investors in PPP projects meet?

22:55, 10/07/2024

On September 29, 2016, the Ministry of Planning and Investment issued Circular 15/2016/TT-BKHDT guiding the preparation of prequalification invitation dossiers and bidding invitation dossiers for selecting investors to implement investment projects in the form of public-private partnerships.

According to the provisions of Circular 15/2016/TT-BKHDT, an independent investor or each member of a consortium is considered eligible when meeting the following conditions:

- Possession of an enterprise registration certificate, establishment decision, or equivalent document issued by a competent authority of the country where the investor is operating.- Independent financial accounting.- Not in the process of dissolution; not concluded to be in a state of bankruptcy or insolvent according to the provisions of the law.- Ensuring competition in bidding as stipulated in the BDL.- Registered on the National Bidding Network System.- Not currently prohibited from participating in bidding activities according to the provisions of the bidding laws.

Refer to the related regulations at Circular 15/2016/TT-BKHDT effective from November 15, 2016.

- Thanh Lam -

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