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MEKONG COUNSEL

Decision on issuing List of industries, lines receiving preferential interest rate when on-leding Government’s ODA loans

On June 01st, 2011, Prime Minister issued Decision No. 29/2011/QD-TTg on issuing List of industries, lines receiving preferential interest rate when on-leding

Government’s ODA loans. Accordingly, industries, lines receiving preferential interest rate when on-lending Government’s ODA loans as follows:

Infrastructure on economic – technical – social fields shall include: Construction works for clean water supply to serve industrial and municipal activities; Projects on collecting, treating industrial and municipal solid wastes; Treating industrial waste water; Construction and investment of equipments for health care centers capable of return; Construction works of educational and vocational training establishments capable of return; Construction of railroad; Construction of highways,…

Industrial fields shall include: Construction on power stations using new sources of energy, renewable energy which have environment protection effects; Construction, installation of electricity load and distribution network to rural areas; Construction, installation of infrastructures for information technology and communications, telecommunications network in rural areas.

For group of finance, credit, program/component on credit by policy banks or other finance, credit institutions to on-lend to beneficiary of social welfare of the Government or according to special design of the program/component on credit which is regulated by the Government shall be receiving preferential interest rate when on-lending Government’s ODA loans.

Programs, projects which on-lend Government’s ODA loans which conditions for on-lending have been defined by competent authority before the effective day of this Decision shall be applied the approved conditions. 

This Decision shall come into force from July 20th, 2011.

Remark: File attached.