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- 22 / 12 / 2019 -
Requirements for investment projects on manufacturing construction materials

On December 16, 2019, the Government issued Decree No. 95/2019 / ND-CP on amending and supplementing a number of articles of Decree No. 24A / 2016 / ND-CP dated April 5, 2016 of the Government on construction materials management. Accordingly, this Decree takes effect from February 10, 2020.
Regarding the requirements for investment projects on the production of construction materials, Clause 5, Article 1 of Decree 95/2019 / ND-CP stipulates the following conditions:
Firstly, the project must conform to the planning according to the law on planning and comply with the provisions of law on construction investment.
Secondly, the project must mainly select advanced and modern equipment technology to meet the criteria of consumption of raw materials, fuel and energy, meet the requirements of environmental protection and be appraised. technology in accordance with the law on technology transfer.
In addition, Decree 95/2019 / ND-CP removed the content that the investment registration agency must consult with the Ministry of Construction before submitting to the competent authorities for decision on investment policies for major investment projects on construction materials production.
In summary, the promulgation of Decree 95/2019 / ND-CP, adjusting the content of requirements for investment projects on production of construction materials in the direction of more specific regulations and more relaxed, showed that The State encourages investment in investing in construction material production activities.