The Government decides on the shares of public inspection units

Lam Duy |

The Government decided to add 3 sectors and fields to implement the transformation of public service units into joint stock companies, including the field of vehicle inspection.

Deputy Prime Minister Ho Duc Phoc has just signed Decision No. 17/2024/QD-TTg amending and supplementing a number of articles of Decision No. 26/2021/QD-TTg of the Prime Minister on the list of industries and fields implementing the conversion of public service units into joint stock companies.

According to the provisions of Decision No. 26/2021/QD-TTg, the list of sectors and fields in which public service units are converted into joint stock companies, with the State holding more than 50% of the charter capital, includes: Exploitation, production, and supply of clean water; urban and rural drainage.

In addition to the above sectors and fields, Decision No. 17/2024/QD-TTg adds the following sectors and fields of public service units to be transformed into joint stock companies, with the State holding more than 50% of charter capital:

- Technical safety inspection;

- Construction inspection;

- Technical inspection of road motor vehicles and inland waterway vehicles (except for the field of ship and marine construction inspection).

Decision No. 17/2024/QD-TTg of the Prime Minister requires Ministries, ministerial-level agencies, Government agencies, Provincial People's Committees, Hanoi National University, Ho Chi Minh City National University and relevant organizations and individuals to be responsible for: Reviewing public service units under their management (including public service units approved in the List of public service units converted into joint stock companies before 2021 but without a decision to announce the unit value) that meet the conditions specified in Decree No. 150/2020/ND-CP and belong to the sectors and fields specified in Article 2 of this Decision, submitting to the Prime Minister for approval the List of public service units converted into joint stock companies for the period 2021-2025 in the fourth quarter of 2024.

The above agencies must report to the Prime Minister for consideration and decision on cases that cannot be implemented according to Article 2 of this Decision (also sent to the Ministry of Planning and Investment). The Ministry of Planning and Investment is responsible for considering and giving opinions on these cases before submitting them to the Prime Minister for decision.

District-level People's Committees; Board of Members or Chairman of a company of an enterprise in which the State holds 100% of the charter capital; Public service units under units under Ministries, ministerial-level agencies, and Government agencies; Public service units under specialized agencies and other administrative organizations of provincial-level People's Committees; Public service units at higher levels of public service units are responsible for reviewing affiliated public service units that meet the conditions specified in Clause 1, Article 4 of Decree No. 150/2020/ND-CP and belong to the sectors and fields specified in Article 2 of this Decision, reporting to the Ministries, ministerial-level agencies, Government agencies, Provincial-level People's Committees, Hanoi National University, Ho Chi Minh City National University for synthesis and submission to the Prime Minister for approval of the List of public service units converted into joint stock companies for the period 2021 - 2025 according to regulations.

Decision No. 17/2024/QD-TTg takes effect from December 10, 2024.

Lam Duy
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