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Industrial-Services and Others

1. Application for state-owned land concession in industrial sector and service investment

  • Investors (legal entity) having their objectives to invest in the activity in relations to state-owned land concession for the establishment of factory,industry and services, i.e. cement factory, concession for market construction, trade centres, tourism resorts, accommodations, public parks, residences and others that use state-owned land must submit their request via Investment One-Stop Service Office of Planning and Investment sector (see details of the activity in Annexe3: Concession activity in the implemented constitute of Investment Promotion Law No. 119/PM).

Remarks:

-   State-owned land concession for all type investment must submit the request via Planning and Investment for the issuance of concession registration certificate and keeping the contract.

 

-   Investment (without state-owned land concession, i.e.land rental with any sector of the government or with private sector(with land rental contract) for factory establishment/service sector can directly submit the request through Industry and Commerce Sector (details are in General Investment).

Procedures in approving the land concession investment in industry and service sectors

 

2. Investment in rights concession activities and tactical activities

          Investments in other service sectors in connection with the utilization of the government ownership or the rights concession and tactical activities are activities that Government pays attention to, as they are activities affecting the social-economic development and national stabilities.  It therefore needs detailed and well-rounded consideration from sectors andGovernmentin advance. Therefore,the domestic and foreign investors(legal entity)with their investment objectives in such activities must submit their application for Government’s approval through Committee for Investment PromotionCIPat central levels, comprising of:

  • Telecommunication activities (services of telecommunication-telephone-media-internet);
  • Services of financial institutes(banks, insurances);
  • Air transport service and sea transport service;
  • Services of radio-television stations;
  • Investments in infra-structure construction: road, transportation (land, marine), railway, bridge construction, airport construction, water supply, sanitary landfill or waste disposal plant, waste storage and others;
  • Development of national and local tourism resorts(zoological gardens, amusement parks, artificial tourism resorts);

 

(These activities must follow the law determined in Annexe 3:Concession Activity of the constitute for implementing Investment Promotion Law No. 119/PM, dated 20/04/2011).

 

The investors must submit the request to PI Sector at central or at local levels in accordance with the following decentralization:

No.

Central levels to consider

Provincial, Municipal levels to consider

1

Television, satellite orbit.

-

2

Radio, television stations.

Radio, television stations(local levels)

3

Establishment of airlines, air transportation / sea transportation.

-

4

Investments (concession) in sectors of market construction, trade centres, tourism resorts, accommodations, public parks, residences and others that use state-owned lands.

Investments in sectors of market construction, trade centres, tourism resorts, accommodations, public parks, residences and others that use state-owned lands (within the localities)

5

Investments ininfra-structure construction: road, transportation (land, marine), railway, bridge construction, airport construction, water supply, sanitary landfill or waste disposal plant, waste storage and others

Investments in infra-structure construction: road, transportation (land, marine), railway, bridge construction, airport construction, water supply, sanitary landfill or waste disposal plant, waste storage and others

6

Investments in insurance sector, financial institutes (banks, micro-financial institutes, hire-purchase, money exchange....)

-

7

Development of national tourism resorts (zoological gardens, amusement parks, artificial tourism resorts)

Development of national tourism resorts (zoological gardens, amusement parks, artificial tourism resorts)

8

Hotels,Resort sof 3 stars and above, restaurants that use state-owned lands

Hotels,Resorts of 3 stars and below, restaurants that use state-owned lands

 

  • Complementary documents required for submission
  1. Application for investment in general printed form of Planning-Investment sector.
  2. Company’s regulations in printed form.
  3. Economic-technical analysis.
  4. Copy of passport, biography and experiences of investors or company, license or business registration certificate of company.
  5. General business agreement (in case there are two stockholders or two companies and above).
  6. Power of attorney for the representative of stockholders or company, in case the person in not at the top position of the company.
  7. Financial certificate or supporting letters of financial institutes or banks.
  8. Other related documents.

The request must be submitted in 6 sets and investors must keep 1 copy of the investment request as the evidence.

 

 

 

 

 

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Last update: 22 September 2017.