In this initial issue of the firm’s Legal Updates on Construction, we look into the opinions of foreign investors, financial organizations and consulting companies on the revision of Vietnam’s regulations on the pilot public-private investment partnership scheme. We then focus on notable upcoming construction investment projects and awards including the Danang IT Park Infrastructure project commencing in February 2013, Bharat Heavy Electricals Limited’s commission of the first unit of 100 MW hydro power at the Nam Chien Hydro Power Project, and the signing of an EPC contract for the US$9 billion Nghi Son Refinery and Petrochemical Complex in Thanh Hoa. For the latest round of legal instruments issued by the Vietnamese authorities, we discuss the new regulations on the issuance of construction licenses, quality management of construction works and management of urban development investment.
Table of content
INDUSTRY HIGHLIGHTS: | 1 | Foreigners contribute opinions to PPP regulations | 2 | Upcoming Investment projects / awards: – DaNang IT Park infrastructure project – Five PPP projects – NSRP executes EPC contract for $9 billion petrochemical project Headlines
NEW LEGAL UPDATES | 3 | Circular No.10/2012/TT- BXD guiding the Decree No. 64/2012/ND-CP regarding the issuance of construction license | 4 | Decree No.15/2013/ND-CP dated 06/02/2013 guiding on quality management of construction works | 5 | Decree No.11/2013/ND-CP dated 14/01/2013 on management of urban development investment
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