Research on investment incentives for projects using water surface and inland waterway areas in Vietnam

Research on investment incentives for projects using water surface and inland waterway areas in Vietnam
Dương Châu Thanh

This is the content of Decision 1269/QĐ-TTg dated October 19, 2022 on Plans, policies and solutions to implement the Inland waterway infrastructure planning in Vietnam for the period of 2021-2030, with a vision to 2050.

According to Vietnam's Decision 1269/QD-TTg, a number of policies and solutions to attract capital for inland waterway infrastructure development in Vietnam are as follows:

- Researching and applying investment incentives to investment projects using water surface and inland waterways (specified in the Law on Investment 2020) to attract investors to develop inland waterway infrastructure.

- Researching policies on support and investment incentives for enterprises investing in inland waterway port projects.

- Balancing the budget, allocating enough investment capital to build inland waterway infrastructure according to the approved master plan, creating a spillover effect and attracting investment in inland waterway infrastructure and related infrastructure in the region of Vietnam.

- Diversifying resources from budget and non-budget, domestic and foreign resources to invest in developing inland waterway infrastructure according to plan. Institutionalize solutions for mobilizing and using resources to ensure effective and feasible implementation in practice.

More details can be found in Vietnam's Decision 1269/QD-TTg, effective from the date of signing and promulgation.


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