How long does it take to adjust the progress of an investment project?

Tue, 24 May 2022 10:04:00  |  Print  |  Email   Share:

Mr. Dang Thai Hai (Thanh Hoa) asked, how long is the maximum time for a project to have an Investment Registration Certificate?

The Ministry of Planning and Investment responded to this issue as follows:

 

According to the provisions of Clause 4, Article 41 of the Law on Investment, for an investment project with an approved investment policy, the investor is not allowed to adjust the implementation schedule of the investment project by more than 24 months compared with the actual schedule. current investment project specified in the document approving the investment policy for the first time.

 

Thus, the limitation on the timeline for adjusting the project implementation schedule as prescribed in Clause 4, Article 41 of the Law on Investment only applies to investment projects subject to approval of investment policies, not to investment projects. The project only operates under the Investment Registration Certificate and is not subject to approval of investment policies.

 

According to Chinhphu.vn (Government Newspaper)

By: Translator: LeAnh-Bizic

Source: https://baochinhphu.vn/thoi-han-dieu-chinh-tien-do-du-an-dau-tu-la-bao-lau-10222051609153759.htm

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