Circular 16/2018/TT-BGTVT regulating the management and maintenance of National Railway projects has been issued by the Ministry of Transport on April 4, 2018.
Based on the approved maintenance plan, the railway infrastructure business enterprise formulates the pricing plan for public utility products and services, and submits it to the Ministry of Transport for approval for regular maintenance.
If the equipment or project repair cost is under 500 million VND, prepare and approve periodic project repair documentation before implementation. The approval decision must be sent to the Ministry of Transport and the Railway Bureau for monitoring and supervision.
If the cost is 500 million VND or more, prepare an economic-technical report or investment project for construction, and submit it to the Railway Bureau for appraisal and approval.
In case of sudden repairs due to natural disasters or floods, follow the regulations of the Ministry of Transport regarding the prevention, response, and remediation of flood and storm damages in railway operations. If due to other causes, the Ministry of Transport authorizes the Railway Bureau to approve.
Circular 16/2018/TT-BGTVT takes effect from July 1, 2018.
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