2 projects using capital from the Vietnam - Italy debt conversion program will complete procedures for implementation.

Việt NamViệt Nam15/02/2024

The Ministry of Planning and Investment has just sent a document to the People's Committee of Quang Tri province, stating that the Italian Development Cooperation Office (AICS) in Hanoi has sent a letter announcing the results of the evaluation of projects expected to use funds from the Vietnam - Italy debt conversion agreement after a field assessment from November 14 to November 16, 2023, including the following projects: Improving the capacity of solid waste collection and treatment in the Northern Quang Tri area; Clean water supply and water resource management in 3 mountainous communes of Cam Chinh - Cam Nghia - Cam Tuyen (Cam Lo district).

2 projects using capital from the Vietnam - Italy debt conversion program will complete procedures for implementation.

Accordingly, the Italian side proposed to carry out the next investment preparation procedures to implement the project. At the same time, during the implementation process, it is necessary to absorb some opinions and contributions from the Italian side. The Ministry of Planning and Investment also requested the Provincial People's Committee to base on the 2019 Law on Public Investment, Decree No. 114/2021/ND-CP dated December 16, 2021 on management and use of official development assistance (ODA) and preferential loans from foreign donors, Decree No. 20/2023/ND-CP dated May 4, 2023 of the Government amending and supplementing a number of articles of Decree No. 114/2021/ND-CP to carry out the procedures for preparing and submitting the project for approval according to regulations. During the implementation process, it is necessary to closely coordinate with the Ministry of Finance and the Ministry of Planning and Investment to ensure that the preparation work is in accordance with the provisions of the agreement.

Previously, implementing the content of Document No. 2877/BKHĐT-KTDN dated April 17, 2023 of the Ministry of Planning and Investment, the Provincial People's Committee directed relevant agencies and units to review and update the content, including clarifying the suitability of the project with the objectives, priority areas, capital scale, and readiness of the projects according to the criteria of the Vietnam - Italy Debt Conversion Agreement.

On that basis, the Provincial People's Committee has arranged the priority order of projects using capital from the Vietnam - Italy Debt Conversion Program to request the Ministry of Planning and Investment to consider and implement the next steps.

Ha Trang


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