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When will a public investment law be issued? (02/5)
02/05/2013 - 13 Lượt xem
According
to the Ministry of Planning and Investment, the public investment bill
was first drafted in 2009 in accordance with National Assembly
Resolution 72/2006/QH11 dated November 29, 2006 and was developed and
revised in 2010 in compliance with National Assembly Executive Committee
Resolution 883/2010/UBTVQH12 dated February 9, 2010.
While
the bill was drafting, the ministry held many meetings to gather
suggestions for improving the bill from ministries, sectors, localities,
organizations and donors. Minister of Planning and Investment Bui Quang
Vinh said that the ministry many times submitted the bill to all of the
18 members of the government for an agreement upon the bill but a
number of provisions of the bill haven't been agreed yet.
Discussions
on the bill at the April 18 meeting remained controversial and no
agreement was made. Meeting participants who are representatives from
the Ministry of Construction, the Ministry of Agriculture and Rural
Development, the Ministry of Finance, and the Ministry of Transport
disagreed with a number of provisions of the bill and proposed that
these provisions be revised and supplemented.
Deputy
Minister of Transport Truong Tan Vien said that it is necessary to
clarify investment policies described in the bill. Minister of Planning
and Investment Bui Quang Vinh said that public investment remains
spontaneous and investment project efficiency is not assessed.
There
are no legal documents clarifying responsibilities of investment policy
makers. This has led to investment without efficiency control and state
capital losses. Meeting participants suggested that the bill clarify
responsibilities of investment policy makers.
The
Ministry of Construction's representatives proposed that the bill have
provisions on mid-term and term assessment of individual investment
projects to avoid a situation in which investment efficiency is not
assured and committed.
The
Ministry of Finance's representatives said that the public investment
bill has a relation with many issued laws including the budget law, the
investment law, the construction law and other laws. This is why making
overlapping provisions should be avoided upon preparing a public
investment law.
Minister
of Planning and Investment Bui Quang Vinh said that suggestions of
ministries and sectors will be considered to improve the public
investment bill while encouraging ministries and sectors to promptly
provide more suggestions for the bill so the bill could be issued soon. A
late issuance of an official public investment law will not only affect
economic restructuring with public investment restructuring being the
core but also cause state capital losses, Vinh said./
Source: VEN.
Source: VEN.
