Ho Chi Minh City

City Chairman prompts establishment of interagency team to assist investors

SGGP
Chairman of HCMC People’s Committee Nguyen Thanh Phong has prompted the Department of Planning and Investment to complete the draft decision to establish an interagency team to solve procedures for large-scale investment projects in the city.

A staff of the Department of Planning and Investment guides a businessman to do procedures (Photo: SGGP)

A staff of the Department of Planning and Investment guides a businessman to do procedures (Photo: SGGP)

According to the requirement, the agency should base on capital scale and norms of projects which must be submitted to the National Assembly, the Prime Minister, central agencies and HCMC Party Committee to make specific proposals to the team. In short term, the team should concentrate on major projects affecting the city’s economic growth.
The team’s task is to solve or assist solving all procedures for investors in the city until projects are licensed to operate.
Businesses will just submit their documents to the team and receive them back at the same address without contacting any other agency as present.
Chairman Phong required to reduce at least 50 percent of time to do procedures compared to the current process.
The team’s members must comprise a team leader who is the city People’s Committee chairman and deputies who are vice chairmen of the committee.
The director of the Department of Planning and Investment will be permanent member. The remaining members will be directors of Natural Resources and Environment, Finance, Planning and Architecture, Construction and Justice Departments.
In addition, the team will invite relevant agencies and districts to attend in solving procedures depending on each project.

By KIEU PHONG – Translated by Hai Mien

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