Special mechanism for important projects serving the development of the Capital

VTV.vn - The Ministry of Finance is drafting a Resolution stipulating a number of specific mechanisms and policies to implement important projects serving the development of the capital.

Proposing special mechanisms and policies to implement important projects serving the development of the Capital

In particular, the Ministry of Finance proposed specific mechanisms and policies on: Authority to decide and approve investment policies; selection of investors and contractors; policies on planning and architecture; land recovery, site clearance, land allocation and lease; mechanism for mobilizing capital for project implementation; policies to ensure urban order, social order and safety; measures for urban renovation, beautification and reconstruction. Regarding the authority to decide and approve investment policies, the Ministry of Finance proposed: The City People's Council will decide on public investment projects and PPP investment projects under its authority.

The draft Resolution proposes to stipulate a number of specific mechanisms and policies on investment, planning, construction, land, and finance to implement important projects serving the development of the Capital, including:

1- Public investment projects, investment projects under the public-private partnership method (PPP investment projects) on the list of important national projects, key projects of the Capital using capital from the City's budget at all levels, and legal capital sources of localities in the City;

2- Public investment projects, PPP investment projects, investment projects under the provisions of the Investment Law must be implemented immediately under the direction of the Politburo , the Central Party Secretariat, the Government, the Hanoi City Party Committee Executive Committee or the Standing Committee of the City Party Committee.

3- Investment projects in the list of projects attracting strategic investors as prescribed in Clause 1 and Clause 2, Article 42 of the Capital Law No. 39/2024/QH15 or key projects attracting investment as prescribed by the Investment Law;

4- Projects to renovate, embellish and reconstruct urban areas, including projects to rebuild old apartment buildings, projects to renovate and embellish urban areas according to the provisions of Article 20 of the Law on the Capital;

5- New investment projects, renovation of works to handle traffic congestion, flooding, environmental pollution, and urban order.

Source: https://vtv.vn/co-che-dac-thu-cho-du-an-quan-trong-phuc-vu-phat-trien-thu-do-100251203095902261.htm