To monitor and evaluate the investment programs and projects

Published on 31 - 03 - 2021
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On 26/3/2021, the Government has just issued the Decree No. 29/2021 / ND-CP providing the order and procedures for appraisal of national important projects and investment monitoring and evaluation.

Regarding monitoring, the Decree clearly specifies responsibilities, monitoring and evaluation contents for public investment programs and projects; PPP project; investment projects using state capital out of public investment; the ones using other capital sources; offshore investment projects.

Accordingly, the responsibility of monitoring public investment programs: Program  and component project owners monitor and inspect the investment process of public investment programs according to the content and approved criteria to ensure investment goals and efficiency.

The governing body and persons competent to decide on program investment shall monitor and inspect the program under their management. The inspection is carried out as follows: Check at least once for the program with execution duration of more than 12 months; check when the adjustment of the program changes location, goals, size and increases total investment capital.

State management agencies for public investment shall monitor and inspect the program under its management.

State management agencies for public investment, the governing body and persons competent to decide on investment program shall decide to inspect program according to plan or irregularly.

For an investment project in the form of a public-private partnership (PPP project), the agency signing the PPP project contract and the investor shall organize the monitoring and inspection of the project investment process according to approved contents and project contract.

The persons competent to approve projects and competent agencies monitor and inspect projects under their respective competence. The inspection is carried out as follows: Check at least once for the projects approved by them; check when the adjustment of the project changes location, objectives, scale and increases total investment capital.

State management agencies for investment under the public-private partnership mode, specialized state management agencies shall monitor and inspect projects under their management.

State management agencies for investment under the public-private partnership mode, specialized state management agencies, competent agencies and persons competent to approve projects shall decide to organize project examination according to the plan or unexpectedly.

As for the investment projects using state capital out of public investment, the investors and economic organizations shall monitor and inspect the projects by their own.

The investment registration agency shall monitor and inspect the project within its management. Checking is done at least once for each project.

Investment and specialized state management agencies shall monitor and inspect projects within their management.

Investment and specialized state management agencies and investment registration agencies shall decide to check the projects according to plan or irregularly.

The Decree also clearly regulates the investment supervision of the community. Accordingly, citizens have the rights to supervise investment projects through the investment supervision board of the community; the order, procedures and process of public investment supervision of community comply with Article 75 of the Law on Public Investment and this Decree.

The Community’s Investment Supervision Board has the rights to: Request competent state agencies to provide information on national planning, regional planning, provincial planning, urban planning, rural planning and other relevant plannings under the provisions of law on land use planning and plans according to the provisions of law on land. To require relevant state management agencies to reply on issues under their management in accordance with law. To request the program owner, investor to answer, provide information serving the investment supervision: Investment decision; information about the investor, project management board, contact address; investment progress and plan; land acquisition and land use area; detailed ground planning and architectural plans; compensation, site clearance and resettlement plan; waste treatment plan and environmental protection.

For investment programs and projects funded by the community, projects using the communal budget or directly funded by organizations and individuals to the commune level, in addition to the above, the program owners and the investor are responsible for providing additional information about the technical process and regulations, types and norms of materials; results of the pre-acceptance test and settlement; ...

This Decree takes effect from the date of its signing.

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