Expanding ODA fund for private sector
03/05/2013

 

From 6June 2013, private sector will be eligible for ODA. Though there is limitation,this is a significant change to use this fund effectively.

Accordingly,a prerequisite to receive this fund is that project owner must be certified interm of organization and projectmanagement capacity.

 

From 6June 2013, private sector will be eligible for ODA. Though there is limitation,this is a significant change to use this fund effectively.

Accordingly,a prerequisite to receive this fund is that project owner must be certified interm of  organization and projectmanagement capacity.

Ways of approachingthe capital include:

- Loansfrom financial, credit institutions through programs and projects funded byODA.

- Loansfrom the state budget.

-Participating in the implementation of projects in the form of partnership inwhich the government contributes capital with ODA fund.

-Participate in the implementation of projects with the support of privatesector.

The above-mentionedsignificant provisions are stated in the Decree 38/2013/ND-CP, with effect from 06 June 2013and shall replace Decree 131/2006/ND-CP.