Amendments to the Investment Law related to the railway sector

(Dan Tri) - Amending the Investment Law (replacement) related to the railway sector aims to create an open, stable, long-term, safe investment environment, encouraging and attracting private investors to participate.

The Government Office issued Document No. 9533 dated October 4 conveying the direction of Deputy Prime Minister Tran Hong Ha on amending the Investment Law (replacement) related to the railway sector.

Specifically, Deputy Prime Minister Tran Hong Ha assigned the Ministry of Finance to urgently preside over and coordinate with the Ministry of Construction and the Ministry of Justice to receive the opinions of the Ministry of Construction in the documents sent to the Ministry of Finance to include the proposed amendments to the Railway Law No. 95 dated June 27 into the Draft Investment Law (replacement) according to the direction of the Prime Minister in Document 9271 dated September 29.

The Ministry of Finance amends and supplements to clarify regulations on contract term, contract term extension; contents on priorities, incentives, and investment incentives for important and strategic infrastructure projects in the current Investment Law.

Thereby, creating an open, stable, long-term, and safe investment environment, encouraging and attracting private investors to participate in investing in developing the country's infrastructure system in accordance with the direction of Resolution 68 of the Politburo.

Hanoi train with 5 gates (Photo: An Duong).

At the same time, the Ministry of Finance needs to complete the Draft Investment Law (replacement), coordinate with the Government Office to organize the collection of opinions from Government members on the amended contents related to the railway sector; authorized by the Prime Minister, on behalf of the Government, promptly submit it to the National Assembly for approval at the 10th Session of the 15th National Assembly.

The Deputy Prime Minister assigned the Ministry of Justice to promptly give opinions on the content of the Ministry of Construction's proposal to amend the Railway Law and the content of the Draft Investment Law (replacement) of the Ministry of Finance after receiving and completing it according to the comments of the Ministry of Construction and sending them to the Ministry of Finance.

The Ministry of Construction proactively and actively coordinates with the Ministry of Finance and the Ministry of Justice in the process of explaining and receiving opinions from the National Assembly on contents related to the railway sector and in the process of completing the Draft Investment Law (replacement).

Previously, the Ministry of Construction sent a document to the Ministry of Finance proposing to amend the provisions at Point c, Clause 3, Article 24 of the Railway Law in the direction of abolishing Point c, Clause 3, Article 24 of the Railway Law 2025 and adding a clause to Article 40 of the draft Investment Law (replacement).

Specifically, for national and local railways, investors transfer all assets formed from the project to the State after the project's operating period expires, and the State pays investors according to Government regulations.

The Ministry of Construction has also sent the Impact Assessment Report, practical basis, and legal basis to the Ministry of Finance for coordination.

Source: https://dantri.com.vn/kinh-doanh/sua-doi-luat-dau-tu-lien-quan-den-linh-vuc-duong-sat-20251006190116042.htm