List of Government-guaranteed Prioritised Projects Released

 

Prioritised projects include those in high-tech, energy, mineral exploitation and processing or commodity production and export service provision in line with the country’s direction on socioeconomic development.

 

They must meet criteria of important national projects specified by the National Assembly in accordance with the Law on Public Investment. They should also be in the domains and regions where investment is encouraged in accordance with the Law on Investment.

 

Programmes and projects in energy and mineral exploitation and processing categorised Group A in the Law on Investment include those in power infrastructure development, construction of new power plants and power transmission and distribution facilities, and investment of oil refineries.

 

Special projects which are decided by the Government and programmes and projects on transport infrastructure developments (such as highways) with the total investment from VND10 trillion (US$450 million) and public transport development will also be considered for Government’s guarantee.

 

Besides, programmes and projects, which are approved by the Prime Minister, are also eligible for Government guarantee.

 

The decision takes place on September 30, 2015 and replaces the Prime Minister’s Decision No. 44/2011/QD-TTg dated August 18, 2011.