MoF looks into pub­lic as­sets use

Viet Nam News - - NATIONAL -

HAØ NOÄI — The Min­istry of Fi­nance has pro­posed to Prime Min­is­ter Nguyeãn Xuaân Phuùc mea­sures to ad­dress loop­holes in the le­gal frame­work re­lated to of­fer­ing state as­sets to Build-Trans­fer (BT) in­vestors in ex­change for in­fra­struc­ture.

Although the Law on Man­age­ment and Use of Pub­lic As­sets which took ef­fect in Jan­uary this year men­tions the ex­change of State as­sets for BT pro­ject’s in­fra­struc­ture, the law has not de­tailed reg­u­la­tions that are rel­e­vant with prac­ti­cal conditions. The min­istry called it “loop­holes” in le­gal frame­work.

It has now drafted a de­cree on us­ing State as­sets, in­clud­ing land, head­quar­ters, in ex­change for BT in­fra­struc­ture and col­lect­ing feed­back from rel­e­vant pub­lic sec­tors. The de­cree is wait­ing for the Gov­ern­ment’s ap­proval.

Re­spond­ing to press ques­tions on the de­lay of the de­cree is­suance, Nguyeãn Taân Thònh, deputy di­rec­tor of the Depart­ment of Pub­lic As­set Man­age­ment un­der the Min­istry of Fi­nance said the de­cree re­lates to a wide range of laws in­clud­ing those on in­vest­ment, land, es­pe­cially the as­sess­ment of land use right value.

“The Gov­ern­ment has taken care­ful steps in study­ing the de­cree be­fore ap­prov­ing it,” he said.

While wait­ing for the ap­proval, the fi­nance min­istry asked pub­lic agen­cies and lo­cal peo­ple’s com­mit­tees to sus­pend the prac­tice from Jan­uary this year un­til the de­cree is ap­proved.

An­swer­ing press queries on the num­ber of BT projects af­fected by the State as­set ex­change sus­pen­sion, Thònh said there had been no official sta­tis­tics so far.

At the monthly Gov­ern­ment meet­ing in Au­gust, the Gov­ern­ment re­quested min­istries of plan­ning, in­vest­ment, fi­nance, nat­u­ral re­sources and en­vi­ron­ment, jus­tice and other rel­e­vant sec­tors to re­view BT pro­ject im­ple­men­ta­tion and make amend­ments to the poli­cies, es­pe­cially those re­lated to se­lect­ing in­vestors, land leas­ing to avoid waste to the State bud­get. — VNS

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