THE MINISTRY OF TRANSPORT

Decision No. 4907/QĐ-BGTVT dated December 24, 2014 of the Ministry of Transport approving the Project “Mobilizing the private sector investment in railway infrastructure”
Pursuant to the Law on Railways in 2005
Pursuant to the Law on Investment in 2005;
Pursuant to the Government’s Decree No. 108/2009 / ND-CP dated November 27, 2009 on investment in the form of BOT, BTO and BT contracts and the Government’s Decree No. 24/2011 / ND-CP dated April 5, 2011, amending a number of articles of Decree No. 108/2009 / ND-CP;
Pursuant to the Government’s Decree No. 107/2012 / ND-CP dated December 20, 2012 defining the functions, tasks, entitlements and organizational structure of the Ministry of Transport;
Pursuant to the Prime Minister’s Decision No. 355 / QD-TTg dated February 25, 2013 on approving the adjusted strategy for Vietnam’s transport development towards 2020, and the orientation towards 2030;
At the request of the Director of the Vietnam Railway Administration and Head of the Investment the management board of projects of public - private,
DECISION
Article 1. Approving project "Mobilizing the private sector investment in railway infrastructure" ( hereafter referred as project) shall be as follows:
1. Viewpoints and targets
1.1. Viewpoints and general targets
- Contribute to the successful implementation of Resolution No. 13-NQ / TW dated 16/01/2012 in 4th conference of the 11th Central Executive Committee ofCommunist Party on constructing system of synchronous infrastructure aiming to our country become a modern-oriented industrial country in 2020.
- Radically and effectively mobilize all resources other than the state budget to invest in development of the infrastructure of railway, gradually reduce the burden on the state budget, and meet the target of socio-economic development, industrialization - modernization of the country. Ensure compliance with all policies and guidelines of the Party, the Government, the Ministry of Transport and practical requirements set out in the restructuring of the sector reform that shall focus on restructuring the investments, the transport and the State-owned enterprises in the transport sector.
- Restructure the railway sector investment, enhance private sector involvement investment ratio in the railway infrastructure commensuration with other transport fields.