Prime Minister Nguyen Tan Dung has approved a pilot project to build and lease social service infrastructure to private organisations and individuals.
Prime Minister Nguyen Tan Dung has approved a pilot project to build and lease social service infrastructure to private organisations and individuals.
The pilot project’s goal is to create favourable conditions for organisations and individuals to build social infrastructure that will be available for long term lease.
Priority treatment will be given to key social services such as schools, hospitals, cultural venues and sport facilities.
The project will mobilise capital investments to develop social, training, education and health infrastructure.
The investment needed to build these facilities is high, and faces slow capital return, which could impede their development.
The Government will offer a preferential policy for organisations and individuals at home and abroad who will invest in constructing social infrastructure for lease.
The selected investors will be offered incentives such as lower land rent, land tax and coporate income tax.
Ha Noi and Dong Nai southern Province will implement the pilot project.
Each locality is authorised to build four pilot projects with capital mobilised from different economic sectors.
The four projects include a pre-school with ten classes, a junior high school with 20 classrooms, a health clinic to provide medical checks for 100 people a day and a 100-bed hospital.
In addition to these pilot projects, the administrations of Ha Noi and Dong Nai are authorised to select qualified investors for building other social infrastructures for lease to non- public agencies.
The demand for lease of social infrastructures by companies engaged in the health, education, training, culture and sports sectors is growing along with the nation’s economic growth
(Source: VNS)
