THE PRIME MINISTER OF GOVERNMENT
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
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No: 152/2001/QD-TTg
Hanoi, October 09, 2001
 
DECISION
ON MECHANISMS AND POLICIES FOR INVESTMENT IN PLANTING HEADWATER PROTECTION FORESTS IN QUANG TRI, THUA THIEN-HUE, QUANG NAM, QUANG NGAI AND PHU YEN PROVINCES WITH LOAN CAPITAL OF THE JAPAN BANK FOR INTERNATIONAL COOPERATION (JBIC)
THE PRIME MINISTER
Pursuant to the Law on Organization of the Government of September 30, 1992;
Pursuant to the Agreement on Specialized Credit Program, code VN VI-8 (the loan amount for the forestry sector), 1998 fiscal year, signed between the Vietnamese Government and the Japanese Government;
At the proposal of the Ministry of Agriculture and Rural Development (Document No. 1147/BNN-KH of April 20, 2001) and comments of the Ministry of Planning and Investment (Document No. 5848/BKH-NN of August 29, 2001) and the Finance Ministry (Document No. 8392/TC-TCDN of September 5, 2001),
DECIDES:
Article 1.- The mechanism and policies for investment in planting headwater protection forests in Quang Tri, Thua Thien-Hue, Quang Nam, Quang Ngai and Phu Yen provinces with the loan capital of the Japan Bank for International Cooperation (JBIC) and the reciprocal capital of Vietnam are stipulated as follows:
1. Investment capital allocated by the State budget (the JBIC’s loan capital and the State budget’s reciprocal capital) for planting protection forests shall comply with the investment policies stipulated in the Prime Minister’s Decision No. 661/QD-TTg of July 29, 1998; particularly for the planting of protection forests in very important and important areas, the investment rate shall be decided by the provincial People’s Committees on the basis of the technical process elaborated by the Ministry of Agriculture and Rural Development and the eco-technical norms set by localities.
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