Attracting private investors to participate in developing infrastructure systems

PHẠM ĐÔNG |

The Deputy Prime Minister emphasized the need to create an open environment, encourage and attract private investors to participate in developing the infrastructure system.

On October 6, the Government Office announced that it had just issued Document No. 9533/VPCP-CN conveying the direction of Deputy Prime Minister Tran Hong Ha on amending the Law on Investment (replacement) related to the railway sector.

Deputy Prime Minister Tran Hong Ha assigned the Ministry of Finance to urgently preside over and coordinate with the Ministry of Construction and the Ministry of Justice to receive the opinions of the Ministry of Construction in documents sent to the Ministry of Finance to include the proposed amendments to the Railway Law No. 95/2025/QH15 in the draft Law on Investment (replacement) under the direction of the Prime Minister in Document 9271/VPCP-CN dated September 29, 2025.

The Ministry of Finance amends and supplements to clarify regulations on contract term and contract extension; contents on priorities, incentives, and investment incentives for important and strategic infrastructure projects (under the authority of the National Assembly, the Government, the Prime Minister, or have been decentralized to ministries, branches, and localities) in the current Investment Law.

Thereby, to create an open, stable, long-term, safe investment environment, encourage and attract private investors to participate in investing in the development of the country's infrastructure system in accordance with the direction in Resolution 68-NQ/TW of the Politburo.

Complete the draft Law on Investment (replacement), coordinate with the Government Office to collect opinions from Government members on the contents of amendments related to the railway sector; authorized the Prime Minister, on behalf of the Government, promptly submit to the National Assembly for approval at the 10th Session of the 15th National Assembly.

The Deputy Prime Minister assigned the Ministry of Justice to urgently give opinions on the content of the proposal to amend the Railway Law of the Ministry of Construction and the content of the draft Law on Investment (replacement) of the Ministry of Finance after receiving and finalizing the opinion of the Ministry of Construction sent to the Ministry of Finance.

The Ministry of Construction proactively and actively coordinates with the Ministry of Finance and the Ministry of Justice in the process of explaining and accepting the opinions of the National Assembly on contents related to the railway sector and in the process of completing the draft Law on Investment (replacement).

PHẠM ĐÔNG
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