On May 23, 2019, the Ministry of Transport issued Circular No. 19/2019/TT-BGTVT detailing the investment field and the content of the feasibility study report of investment projects in the form of Public-private partnership in the transport sector. This Circular takes effect from July 10, 2019.
Accordingly, Circular No. 19/2019/ TT-BGTVT regulates investment projects in the field of transportation including construction investment projects, renovation, operation, business, infrastructure management, providing public services in the fields of roads, railways, inland waterways, maritime and aviation.
Circular No. 19/2019/TT-BGTVT also stipulates the content of the feasibility study report of investment projects in the transport sector, including the following main contents:
1. Necessity and investment objectives
2. Advantages of investing in the form of public-private partnerships
3. The project’s compatibility with development planning and plans
4. Project size, location and demand for resources
5. Natural conditions of construction area and current status of works
6. Technical explanation, technology and major solutions
7. Implementation plan, schedule and project contract term
8. Site clearance and resettlement
9. Total investment, total investment capital and financial plan
10. Select the type of project contract
11. Investment capital, plans and feasibility of capital mobilization
12. Managing project implementation, managing exploitation and maintenance of works
13. Analyzing project risks and proposing incentives and investment guarantees
14. Socio-economic efficiency and project impacts
15. Conclusions and recommendations
Thus, Circular 19/2019/TT-BGTVT has clearly defined the scope of investment projects in the field of transport and the contents of the feasibility study report, contributing to support the investors to implementent investment project in the form of public-private partnerships easily.