Continuing the 8th Session, on the morning of November 6, the National Assembly discussed in the hall the draft Law on Public Investment (amended).
After the discussion, Minister of Planning and Investment Nguyen Chi Dung explained and clarified a number of issues raised by National Assembly deputies.
At the meeting on the morning of October 29, on behalf of the Government, Minister of Planning and Investment Nguyen Chi Dung emphasized that this amendment demonstrates the spirit of breakthrough, reform, decentralization, and delegation of power according to the motto "locality decides, locality does, locality takes responsibility".
The Central Government, the National Assembly and the Government will play a role in creating, strengthening and perfecting institutions and in inspecting and supervising.
The amendment of the law also aims to ensure clarity of people, work, responsibilities and results; to cut down and simplify administrative procedures, to prevent shirking of responsibilities, and to avoid creating a "request - grant" mechanism...
Notably, this amendment also proposes to allow the separation of compensation, support, resettlement, and site clearance into independent projects for all project groups (including group B and C projects).
The draft also proposes to increase the scale of public investment capital for important national projects from VND30,000 billion or more; Group A, Group B and Group C projects with a scale twice that of current regulations.
The Government also proposed decentralizing authority to the heads of ministries and central agencies to decide on investment policies for group A projects managed by their agencies and organizations with capital scale of less than VND 10,000 billion.
According to the draft, group A projects from 10,000 billion VND to 30,000 billion VND are under the authority of the Prime Minister.
Mr. Nguyen Chi Dung said that this amendment also plans to decentralize the authority to extend the time for allocating budget capital from the Prime Minister to the level deciding on investment policies; local budget capital from the provincial People's Council to the Chairman of the People's Committee at all levels.
Accordingly, for central budget capital, group A, group B and group C projects with total investment of less than 10,000 billion VND, the capital arrangement period will be extended for no more than 1 year.
For group A from 10,000 billion VND to 30,000 billion VND, no more than 2 years. In addition to the above time, the Prime Minister decides to extend the time for arranging central budget capital.
On the same afternoon, the National Assembly discussed in the hall the draft Law amending and supplementing a number of articles of the Law on Planning, the Law on Investment, the Law on Investment under the public-private partnership model and the Law on Bidding.
Then, the Minister of Planning and Investment explained and clarified a number of issues raised by National Assembly deputies.
