Vietnam: Determining starting price for auction of definite-term transfer of the right to operate road infrastructure asset

11:11, 25/12/2019

Circular No. 86/2019/TT-BTC of the Ministry of Finance of Vietnam providing guidance on determination of starting prices for auction of leasing or definite-term transfer of right to operate road infrastructure assets invested and managed by the State was issued on December 03, 2019.

According to Circular No. 86/2019/TT-BTC of the Ministry of Finance of Vietnam, a starting price for auction of definite-term transfer of the right to operate road infrastructure asset shall be determined on the basis of:

- the residual value of the asset at the time of transfer according to the re-evaluation;

- traffic volume (if the asset is road);

- the remaining depreciation time of the asset;

- additional investment;

- estimated revenues and expenditures incurred when operating the asset during the transfer period.

In which:

- The residual value of asset at the time of transfer and the remaining depreciation time shall be determined in accordance with law regulations;

- Additional investment value is the value of investment made by the transferee of definite-term transfer of rights to operate road infrastructure asset in the transferred project according to the planning approved by a competent authority in accordance with law regulations on investment and relevant laws;

- etc.

View more details at Circular No. 86/2019/TT-BTC of the Ministry of Finance of Vietnam, effective from January 20, 2020.

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

23 lượt xem

- The legal regulations in this article are according to Vietnamese Law;
- This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
- Articles may be compiled from a variety of sources;
- Applicable Terms may have expired at the time you are reading;
- If you have any questions about the copyright of the article, please contact us via email banquyen@lawnet.vn