PROCEDURES FOR INVESTMENT PROJECTS USING NON-BUDGET CAPITAL WITHIN ECONOMIC ZONES
AND INDUSTRIAL PARKS
Step 1: Investment Preparation and Initial Approach
- The investor studies planning information and investment location introduction.
- The investor prepares the dossier for the proposed investment project, including: application letter, financial statements, project proposal, legal status documents, and other relevant documents.
Step 2: Investment Policy Approval Procedures
- The investor submits the application dossier for investment policy approval to the Provincial Public Administrative Service Center (Economic Zone Management Board) and through the online administrative procedure settlement portal.
- The Economic Zone Management Board seeks appraisal opinions from relevant agencies and units and organizes the appraisal for investment policy approval of the project, including: planning; land; environment; socio-economic efficiency; investment incentives and eligibility conditions for investment incentives; technology; and other conditions applicable to investors in accordance with relevant laws.
- The Provincial People’s Committee/Economic Zone Management Board issues the Decision on Investment Policy Approval.
Step 3: Investor Selection
- In cases not subject to bidding or auction, the approved investor proceeds to the next step.
- In cases involving land use, investor selection must be conducted through bidding or auction. The competent authority shall carry out bidding or auction procedures for investor selection in accordance with the laws on bidding and land.
Step 4: Land and Construction Procedures
- Carry out procedures for land allocation, land lease, land use purpose conversion, and issuance of the Land Use Rights Certificate.
- Prepare, appraise, and approve the basic design and technical design; complete procedures for obtaining a construction permit.
Step 5: Project Implementation
- Commence construction.
- Conduct acceptance testing, completion procedures, and put the project into operation.