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Circular No. 03/2003/tt-Bkh: A Guide To The Work Of Supervision Investment Evaluation

Original Language Title: Thông tư 03/2003/TT-BKH: Hướng dẫn công tác giám sát đánh giá đầu tư

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CIRCULAR guiding the work of supervision Investment Account base review 10, article 1 of Decree 11/2003/ND-CP on January 30, 2003 by the Government (known as the ND 7/CP) on the additional amendment of some articles of Decree No. 51/1999/ND-CP on 8/7/1999 of the Government about issuing regulations on investment and construction, and Decree No. 12/2000/ ND-CP on 5/5/2000 of the Government on the amendments added a number of articles of Decree No. 52/CP (referred to as the ND 52/CP and NĐ12/CP);

 Pursuant to Decree No. 75/CP dated 11 November 1995 of government functions, tasks, powers and organization of the Ministry of planning and investment;

The Ministry of planning and investment issued circulars monitoring work, assessing investment as follows: part 1: GENERAL PROVISIONS 1. Activity monitoring, monitoring investment reviews, reviews of investment activity is monitored, examine and determine the level of achieved compared with the requirements of the investment process by the State Agency has the authority to implement state management functions on investment to ensure effective investment in line with the target, the orientation of development in each country, scope, field, each region, and each investment project.

Monitoring, assessment of investment include:-monitoring, overall assessment investment.

The overall investment is monitoring the track, check the process of investment in the sector and local levels; discovered and promptly rectify violations, shortcomings in order to ensure proper planning, investment planning, objectives and ensure efficiency.

The overall rating is investment reflects the situation analysis and reviews the results of investment in the economy, local branches; identify the level achieved in comparison with the planning, the plan in each period or each stage; analysis of causes to affect investment and also as proposed solutions to improve the efficiency of investment in the period or periods following plan.

-Monitoring, evaluation of investment projects.

Investment project monitoring is the monitoring, regular checking of project investment process to ensure proper investment process rules of construction and investment management, to ensure the goals and the effectiveness of the project.

Investment project evaluation is the analysis, identify the level achieved by each specific criteria than the project investment decision or standard reviews the provisions of the State at a certain time.

2. The scope, subject to monitoring, evaluation of investment a) monitoring object, overall investment is investment activity of all economic sectors in the economy, each economic sector, local, or territory.

b) monitoring object, investment project assessment the project, investment program (hereafter referred to collectively as the project) set forth in the regulations on investment and building attached to the 52 ND/CP.

Monitoring, assessment of investment projects first of all focus on the project in the public investment program, the project is funded by the State budget (Central and local), the capital investment credit development of credit capital, State by State guarantees, the State's capital in the business.

3. The purpose of surveillance, investment evaluation: monitoring, assessment of investment aims to:-ensure the joint investment activity and for each specific project brings high social economic efficiency, in line with the target, the orientation of economic development and social progress in accordance with the legal framework , the policy of the State.

-Help the agency manage the investment levels to grasp and appreciate the situation, results of investment activity, investment and progress that exists, the difficulties in the process of investing to have appropriate adjustment measures; detect and prevent timely violations and negative cause losses, wasted capital in the investment process.

-Help the Agency policymakers have actual material to research on investment structure and policies promoting investment for each period.

4. Requirements for monitoring, reviews the investment agency, the unit perform monitoring, reviews the investment must ensure the following requirements:-the regular monitoring of the investment process; ensure the consistency and close collaboration between sectors and levels.

-Reflect the full, timely, honest, objective monitoring content, reviews the investment.

-Suggestions and recommendations are timely, specific and feasible.

5. Specific tasks of monitoring and evaluating the investment a) regular inspections and monitoring of investment process on the basis of:-the database on investment activity in the investment monitoring agency.

-Regular reports and updates (according to the model regulations);

-Spot inspection activities (according to the program, or when needed);

b) reviews investments include:-overall assessments of investment management;

-Reviews the implementation of investment objectives (compliance planning, consistent with development goals);

-Reviews the level completed (planned or approved schedule);

-Evaluate the effectiveness of investments (the relationship between the costs and benefits of investments).

The monitoring process results, reviews of investments are shown in the report:-monitoring reports, reviews of national investment overall;

-Monitoring reports, reviews of the overall investment by industry, region, locality;


-Monitoring reports, evaluation of investment project under each phase of the investment process (preparation, implementation of investment projects, put the project into operation).

Part 2: content MONITORING, assessment of INVESTMENT 1. Overall rating: overall rating of investment include: a) overall assessment of the economy, industries and localities, territories:-synthesis, analysis, evaluation and investment results of economy, local branches according to the norms reflect the scale, speed , structure, progress, investment efficiency.

-Reviews the level achieved in comparison with the approved plan, the mission plan or compared to the level of the previous period.

-Identify the factors, causes affecting the situation and investment results; Recommending solutions to improve the efficiency of investment in the period or periods following plan; Evaluate the feasibility of the plan, the plan approved.

Overall investment in the whole of the economy due to the Ministry of planning and investment in coordination with the ministries of annual performance, 5 years or at the request of the Government.

Overall assessment of investment, local branches by the provincial PEOPLE'S COMMITTEE and the sector management made every year and in each period of the plan (usually 5 years).

b) overall assessment of investment management: overall rating of investment management in order to evaluate the implementation of the regulations on investment management in the ministries and local, discovered the violations, the obstacles to rectify the investment activity in the , local branches and timely in terms of mechanisms, policies to suit the real situation, including:-assessment of the situation, and the level of work: + make the rules of investment preparation: The independent assessment, appraisal, approval of investment projects; Conformity with the strategy, planning, planning of the State in the investment decision;

+ Implementation of the regulation in the process of implementing the investment: land use management, clearance compensation, mobilize resources, basic construction sequence (created, design approval, the total estimation, etc.), tender and other specific regulations regarding the implementation of investment projects.

-Analyse the causes made good and not good investment management regulation in the ministries, local; Discovered the problem yet consistent with the actual situation and suggest the solution including the additional proposals to modify the current rules.

Monitors, reviews of investment managers by the provincial PEOPLE'S COMMITTEE and the sector management done 6 months.

2. Monitoring, assessment, monitoring investment projects, investment project evaluation under the stage include: 2.1. Prepare investment monitoring: monitoring preparations for investment is the monitoring, inspection of superior authority to lower levels of preparation and decision-making of project investment. Monitor, evaluate, prepare investments made in the process of research, survey project until investment decisions, including the following:-check the security of the legal regulations in preparing investment (establishment, assessment, evaluation, project approval); check the content of investment decision under the provisions referred to in Article 30 of Decree 52/CP; beat the price of conformity of the decision with the planning, investment planning, investment programs of local branches; the authority and procedures for making decisions to invest in the project.

For projects that use the capital owned by enterprises and other sources of capital of businesses just review and evaluation of the suitability of the investment decisions with industry and local planning.

-Overall assessments about the viability of investment decisions by the principal elements of the project (objectives, scale, technology, progress, capital, resources, the environment and investment efficiency); clarify the contradictions (if any) between investment decisions and the content of the project.

For projects that use the capital owned by enterprises and other sources of capital of businesses just look, reviews about the objectives, scale and secured environment of the project.

-Assessment of the capacity of the investor (financial capacity and expertise, project management experience).

2.2. Monitoring, reviews the process of implementation of investment project evaluation, monitoring the process of implementation of the investment project is the monitoring, inspection, determine the level of implementation of the project according to the investment decision.

Monitoring content reviews the implementation process includes: investment-tracking, check regularly the implementation process of the project including: + The observance of regulations on establishment, evaluation and approval of the design, the total estimation, estimation; bidding; construction conditions, .... + the arrangement planned mobilization and use of capital projects; the payment is in the process of project implementation.

+ The implementation progress, project management organization; the requirements on the protection of the environment.

-Check the application and observance of the policy, the State's regulatory regime, and local industry to apply for projects.

-Reviews the capacity of project management according to the method of implementation of the chosen investment.

-Reviews the level of completion of the principal indicators (volume, progress, quality, disbursements), effects on the environment and society in the process of implementation of the investment.


-On the basis of the monitoring, inspection, reviews the process of the project discovered the problems arise (change the design, financing, funding, other conditions to the project), the wrong or unreasonable, the difficulties and obstacles on the mechanism, policy needs to solve.

-Proposed solutions and recommendations authority to decide investment or related agency review, resolve to ensure the progress of the investment.

For projects that use the capital of enterprises and other capital sources, monitoring, assessment of investment only includes some of the following: + test, reviews the implementation progress; the requirements on the protection of the environment, the use of land.

+ Check out the application and observance of the policy, the State's regulatory regime, and local industry to apply for projects.

d) for projects using various sources of capital: for projects using many resources, content monitoring, reviews are applied according to the use of capital investment for each category in the case can be separate for each category of capital, or by having the largest proportion of the funds in case no separate capital used for each category of , or by the method of management applied to the project has been agreed upon by the members for the project using the capital of many components.

2.3. Assessment of investment projects: a) reviews the investment process: end reviews end of investment process is the General, reviews the entire process of implementing a comprehensive investment from the preparation to the finished stitched projects put into use. The content reviews end investment process including:-collate the content and results of investment with the initial decision to clearly see the distortions, adjusting the project elements in the process of implementation of the investment.

Reviews of the end of the investment process needs associated with the company to comprehensively grasp the issues relating to the project as the standard warranty, technical and quality works, ....-reviews the implementation of the settlement process and the value of the new fixed asset.

-Determine the cause of the arising of the volume or to adjust the design in the process of implementation of the investment; consider the legal base, the feasibility in terms of cereal costs the solutions to overcome these factors, born during the broadcast of the project.

Reviews of the end of the investment process in the project no later than 6 months from the completion of the projects on tap, use.

b) reviews the process of extraction, operations project: reviews the process of operating mining projects are done on time on time like when put into exploitation, use or when reach design capacity, when the production stable, .... The content reviews the extraction process, the operation of the project include:-reviews of the effectiveness of investments on the basis of comparing costs and actual results achieved in the process of exploitation, operation.

-Impact analysis for project on the use of land, financial policy, society, the environment, the management capacity of the investor, the volatility of the market to the effectiveness of the project.

-To propose measures to ensure the operation of mining projects effectively.

Part 3: IMPLEMENTATION oversight, REVIEWS of INVESTMENT 1. The system of monitoring implementation, assessing investment 1.1. The ministries and the local people's Committee a) Ministry of planning and investment is helping the Prime agency implement monitoring, overall investment; monitors, reviews of national important projects due to the prime investment decision and the project group A is Prime for investment.

The Ministry of planning and investment has the following specific duties:-the Guide, track, and aggregate the Prime report on the work of monitoring, evaluation of investment in the country.

-Implementation of the overall assessment of investment in national scope according to time or plan at the request of the Government and the General overall assessment report annual investment of ministries, sectors and localities to report to the Prime Minister.

-Chairing and coordinating with the Ministry of finance, Central Bank, Ministry of industry and local management relating implement monitoring, reviews the important national project, the project group A prime for investment on a national scope.

Depending on each specific project, Ministry of planning and investment requires the ministries, relevant local elections officials and experts involved monitoring, project evaluation form founded the interdisciplinary task.

-Prime Minister's report on the implementation of monitoring, reviews the project group A by the organization or host implementation.

-Recommendations to the Prime Minister or with the ministries, local related (by the authority) of the solutions aimed at overcoming the obstacles in the investment activities of the local branches, or for A group of projects to ensure the progress and effectiveness of investments.

-Review, comments or solve the problems in the functioning of the mission, as requested by the other ministries, local and owner.

b) ministries, General Administration (Ministry of finance, Central Bank, Ministry of science and technology, Ministry of natural resources-environment) has the following specific duties:


In collaboration with the Ministry of planning and investment to make the overall investment review at the request of the Government;

-Join the Ministry of planning and investment to implement monitoring, reviews the project group A due to the Prime Minister for allowing or investment decision with respect to the areas in the Department's management functions;

-Addressing the recommendations of the ministries, and local investors the issues in his duties, function.

c) The professional manager has the following specific duties:-implementation and reports the Prime on surveillance, the overall assessment of investment within the scope of the industry, its management areas;

-Implementation monitoring, project evaluation for projects under the authority of its decisions (including the project hierarchy and authorized under investment decisions);

In collaboration with the Ministry of planning and investment to implement monitoring, reviews the project group A Government decision by the Prime Minister or allows investments in the areas within its management;

-Report the Prime Minister (at the same time sent to the Ministry of planning and investment) on the work of monitoring, the overall assessment of investment within the scope of the industry, its management and supervision, investment project evaluation under the authority of its decisions according to the prescribed regimes;

-Recommendations to the Prime Minister or other ministries on matters related to investment activities of ministries and related to the project under the control of its management to solve promptly the difficulties, obstacles and ensure the progress and effectiveness of investments;

-Comments or solve the problem of function and tasks of the Ministry of industry, when required by the other ministries, local and owner.

d) Provincial Committee, central cities have the following specific duties:-implementation and reports the Prime on surveillance, the overall assessment of investment within the scope of local management;

-Monitoring implementation, project assessment the project under the authority of its decisions (including the project hierarchy and authorized under investment decisions);

In collaboration with the Ministry of planning and investment to implement monitoring, reviews the project group A Government decision by the Prime Minister or allows local investment;

-Monitoring the implementation according to planning and land use planning, ensuring the environment of the projects on the area of the province, the city;

-Report the Prime Minister (at the same time sent to the Ministry of planning and investment) on the work of monitoring, the overall assessment of investment within the scope of its monitoring and management, investment project evaluation under the authority of its decisions according to the prescribed regimes;

-Recommendations to the Prime Minister or the ministries on issues related to the operation of local public investment and related to the project under the control of its management to solve promptly the difficulties, obstacles and ensure the progress and effectiveness of investments;

-Have ideas or resolve current problems of clearance, land use in the function, their duties when required by the Ministry, the industry and the investor.

1.2. Businesses, the owner: the business, the owner has the following specific duties:-supervise organization, reviews the project by themselves or investment decisions in its management rights and management agency report on the monitoring bodies, the State's investment in the subordinate level (Ministry The provincial PEOPLE'S COMMITTEE or branches).

For A group project in addition to the investment level decision report, the investor must submit quarterly reports to the management authority and the Ministry of planning and investment to the synthesis report from the Prime Minister.

-Detect and report promptly to the competent agency and the investment decision held the investment monitoring difficulties and problems arising in the process of project implementation and propose solutions to overcome; recommendations Authority decided to adjust the project in case of need.

-Petitions authorized level, the ministries, the local problems to be resolved concerning his project manager to ensure the progress and effectiveness of investments.

Project management implementation monitoring, evaluation of its project management and investor reports about the work of supervision, investment project evaluation under the owner content rule detection simultaneously, timely reports to the investor the hard and problems arising in the course of the project, and recommended corrective solutions.

1.3. The Agency monitoring implementation unit, The investment review agency, the unit was given the task of monitoring implementation, assessing investment functions help lead the Ministry, the people's Committee and industry levels to perform monitoring, assessment of investment has the following specific duties :-planning, assessment, monitoring of investment due to the authority through the Organization and implementation of the monitoring work, reviews of investment within the scope of the assigned responsibilities.

-Organization system provides and stores information about the investment situation within the Ministry, local branches or projects (for the owner) do yourself.

-Collect the report, relevant information, monitoring service reviews investments by each object specified.


-Perform review, analysis, reviews the information, reports, monitoring reports, evaluation of investment consistent with the content and the regulations required the authority to consider.

The Agency, the unit performs monitoring, reviews of investment has the following powers:-the requirements of the Agency, the unit performs monitoring, evaluation of investment in the related report issued under regulation mode, provided the additional documentation, information related to the content monitoring, reviews the investment if necessary.

-In case of need can contact, exchanged directly with the agencies, the unit performs monitoring, reviews the investment at all levels concerned, with the owner and check directly at the scene. The authorities need the exposure, direct exchange or check directly at the scene must have plans, specific content and prior notice to the Agency, the relevant units.

-Recommendations to the competent level regulating the project when necessary or cancel the investment decision, suspend, halt implementation of the investment project if in the process of monitoring, assessing investment found serious violations. Reporting authority of violating the regulations on supervision, reviews of investment of the owner, of the agencies, the relevant units within the scope of the monitoring mission, reviews are specified and recommended measures to handle according to the degree of the violation.

1.4. Supervision of the community next to the regular monitoring of direct, of the State administration, server programs, investment projects (including projects of private) after the investment decision to publicize the content of investment decisions, the investment plan program (project name , building scale, range land, capital, resources, owner, progress made, ...) at the venue, the local PEOPLE'S COMMITTEE, the PEOPLE'S COUNCIL headquarters where the project, notification on the mass media.

The owner has the responsibility to report to the local PEOPLE'S COUNCIL and the level of the basic content of the project to PROVINCIAL PEOPLE'S COUNCIL and local people's supervision. The project of the branches, the central authorities must inform the provincial PEOPLE'S COUNCIL and where the project; The project of the provincial agencies and industry to inform PEOPLE'S COUNCIL districts where the project; The project of the departments and agencies must notify the district level PEOPLE'S COUNCIL and social projects to the PEOPLE monitoring organization levels. The project must by invested Township in that town community.

The State encourages community participation to supervise the implementation of the project according to investment decisions and regulations of the State, contributed to the implementation of the project the right rules, saving, effective.

Monitoring of community through social organisations, unions and the people's Council levels. The people's Council levels, social organizations can submit ideas for projects to be delivered as the focal organization perform monitoring, assessment of investment levels. Project level would manage the community monitoring comments was posted on the Agency monitoring the investment grade.

The Agency received comments are responsible for considering petitions handled the problems arise and announce the conclusion to where to send comments.

2. Implementation, monitoring investment rating: 2.1. The Ministry of planning and investment, assigned a unit (Service) as a clue to perform the duty of supervision, the Ministry's investment evaluation, in coordination with the ministries, and local investors, providing information, guidance and process monitoring issues, reviews the investment.

2.2. The ministries specify units (Service or Planning Board) is responsible for monitoring, regular reviews of ministries; monitoring implementation guide, reviews of investment for the subdivisions, the actual project ministries hierarchy or authorization for subordinate.

2.3. The provinces centrally by the City Department of planning and investment is responsible to regularly perform the duty of supervision, the province's investment rating, the city; monitoring implementation guide, reviews of investment for all levels, units, projects be PPC, the city hierarchy or authorization for subordinate.

2.4. Business, owner, project management indicated the Department is responsible to regularly perform the duty of supervision, reviews for the investment projects in the scope of his management.

3. The method of monitoring implementation, assessing investments: 1. Monitor, synthesize, analyze the situation: the agencies perform tasks tracking, analysis, reviews the implementation of investments and investment management on the basis of the periodic reports, information system and regulatory regime.

The bodies monitoring implementation, assessing investment ministries, sectors and localities should organize joint information network to collect and update information, coordinating the follow-up and assessment of the situation.

2. Examine, consider regularly: The State agency supervising, evaluating investment monitoring missions, reviews of investment by the inspection, regular review of investment activity in the scope of its responsibilities.


In case of detecting signs of violation of regulations on investment management, the difficulties and obstacles in the process of implementing the project or have unknown problems in the monitoring reports, reviews of investor investment agencies, supervising unit investment review, may require the investor to report or conduct on-site monitoring of problems need to learn.

The State agency supervising, evaluating investment can make the task of monitoring and evaluating the investment in the investment administration of the Ministry of supply, local branches, at the scene of the project.

The onsite monitoring conducted only when necessary to Exchange, contact with the Agency, the investment management unit or direct observations of investment object. The case has asked to perform monitoring, evaluation of investment in place, the Agency conducted monitoring, reviews and reports required investment must be competent to decide. The implementation of monitoring in place to plan, specific work programs and advance notice of at least 5 working days for the relevant units, bodies know.

3. The Organization reviews the investment activity: in addition to the overall assessment of investment and implementation of investment projects, periodically, the monitoring bodies, the investment grade rating can make the task of overall investment evaluation or assessment project (collectively investment rating) at the time necessary at the request of the superior bodies, or of the investment decision as stated in the section monitoring content, reviews the investment.

The task, the content and time of the overall investment or investment project evaluation by superior bodies or competent person decides to review investment decisions.

The Agency, which was given the task of overall investment or investment project evaluation may invite the advisory organization, qualified specialist expertise on the related field to participate. Consulting organizations and experts made reviews investments on a contract basis with assigned units performed this task. When tenant advisory organizations or experts made reviews on investment, which was delivered made reviews investment must plan the authority to review the decision.

4. report on surveillance, the investment rating: 4.1. Reporting agencies, units monitoring implementation, assessing investment levels (ministries, departments, local, owner) make regulations report mode as follows: 1. Ministry of planning and investment, the Prime Minister's report on the overall evaluation of investment annually and each time the plan at the request of the Government; General report on the overall investment monitoring 6 months; the monitoring report, reviews the project group A in country a quarter.

2. The ministries, local periodical reports the Prime on surveillance, the overall investment in 6 months, and sent to the Ministry of planning and investment to aggregate. The subdivisions, departments, provinces and cities under central Government make regular report mode specified by the ministries and local.

3. The investor reporting, 6 months and years for agencies supervising clue, reviews of ministries, the owner; the investor of the project of the Ministry of industry, sent the report to the Agency the clue made monitor, reviews of local investment where the execution of the project.

Private investor group A project outside of the established monitoring, reporting and evaluation of investment projects to clue make monitoring, assessment of investment ministries, sectors and localities, and sent to the Ministry of planning and investment quarterly reporting, 6 months, in general report to the Prime Minister.

For the complete project commissioned the owner to end assessment reporting investment process not later than 6 months from the completion of the projects on the exploitation, use and regulation of content sent to the implementers of monitoring, assessment of investment and local industry, and the Ministry of planning and investment (with regard to the project group A).

The owner is responsible for the report reviews the extraction process, the operation of the project according to the specified content sent to the bodies monitoring implementation, reviews of ministries, sectors and localities directly and simultaneously and send to the Ministry of planning and investment (with regard to the project group A).

4. project management monitoring reporting, reviews its investment project management of under the provisions of the investor.

Periodic report content levels of monitoring implementation, assessing the investment according to the model set out in the annexes.

4.2. periodic reporting period: 1. Investor: quarterly report on surveillance, evaluation of investment projects to the bodies monitoring implementation of clue, reviews of the Department's investment, local and industry and the Ministry of planning and investment to sum (for A group project) during the first day of the following quarter's 5.

2. The ministries and local: Prime report on surveillance, the overall assessment of investment during the first 10 days of July (for the 6-month report) and 15 days early the following January (for the reporting year).

3. Ministry of planning and investment:-report the Prime Minister on the overall assessment of investment every year in February the following year.


-Quarterly report on surveillance reviews investment group A in the first month of the following quarter.

4) the bodies monitoring implementation, assessing investment can have extraordinary reports when necessary.

Part 4: RESPONSIBILITY and HANDLE BREACH of the Agency, the UNIT PERFORMS monitoring, REVIEWS of INVESTMENT 1. The Agency's responsibilities, monitoring implementation unit, reviews for: 1.1. The heads of the ministries, the local owner is responsible for the consequences due to non implementation monitoring, evaluation or not reported as required.

1.2. The Agency is given the task of monitoring implementation, assessing investment must take responsibility for the content of their reports.

1.3. The owner is responsible for the content of his report and be responsible in accordance with the law for any consequences incurred by not done or made incomplete regulations on investment monitoring reports, or by providing false information about the implementation of investment in its scope of management.

1.4. The ministries, localities must review and timely handling of problems arise, the recommendations of oversight bodies, investment assessment, the owner of the copyright issue and his responsibility within 15 days from the date of the proposed text of the relevant parties and responsible decisions about handling it or report timely with the issue beyond the authority.

2. Processed in violation of the regulations on supervision, investment assessment 2.1. Within the prescribed time limit that the ministries, local non-monitoring report, reviews the investment, the Ministry of planning and investment will Prime reports and recommendations to the appropriate processing forms.

2.2. The unit directly to the provincial PEOPLE'S COMMITTEE and the industry, the owner of not fully implementing the reporting regime, the monitoring of implementation, the agency reviews the investment need competent report and recommendation forms are processed administratively or suggest to stop the project.

2.3. The owner is responsible for the issues arising in cases related to stop the project by not timely reporting.

2.4. The Authority is not allowed to adjust the investment for the project is not implemented, monitoring investment rating as specified.

2.5. The project will not be credited to capital plan next year if there is no adequate monitoring reports, evaluation of investment the previous year. The project just approved capital investment when done full monitoring regulations, reviews the investment.

3. Handle the breach of investment and construction management in the monitoring process, reviews for: 2.1. The bodies monitoring implementation, assessing investment in timely reporting to the authority the case of violation of regulations on investment in construction and investment activities in its level of management to handle according to the regulations.

2.2. The bodies monitoring implementation, assessing investment to deliberately conceal the violations on management of investment and construction will be responsible jointly before the legislation violations and consequences caused.

Part 5: OTHER PROVISIONS 1. The cost of monitoring implementation, assessing investment 1.1. The cost of monitoring, assessment of investment includes costs related to the work of supervision, reviews the investment at all levels, including: a. the cost for surveillance, the overall assessment of investment used by funding agencies in the implementation of this task.

b. costs for monitoring, evaluating investment projects are calculated in the total cost of the project.

2.2. The management, using the monitoring costs, reviews the investment made to the instructions of the Ministry of finance. The costs of monitoring, assessment of investment by the Ministry of construction regulations.

2. Validity and implementation 1. This circular replaces circular 02/2000/TT-BKH, on 10 January 2000 of the Ministry of planning and investment guide on investment assessment and effective after 15 days from the date The report.

2. Ministries, sectors, localities and the investor should launch immediately the work of monitoring, assessment of the scope of its management under the provisions of this circular.

-The ministries, local implementation right from the first 6 months of 2003 and the report on the work of monitoring, overall assessment investment.

-For monitoring work, assessing investment projects: + investment projects approved after the date of the Decree 7/CP effect, or have been approved before the date the Decree 04/CP effect but not yet implemented, the monitoring work done right, reviews of investment under the provisions of this circular.

+ Investment projects approved before the date the Decree 7/CP effect and are implementing the project and investment evaluation work under the provisions of NĐ52/CP and circular 01/2000/TT-BKH, on 10 January 2000 of the Ministry of planning and investment, now make the task of monitoring evaluation of investment under the provisions of this circular.

-The Ministry of planning and investment in coordination with the ministries, the provinces and cities under central guiding the implementation of this circular.

3. in the implementation process if there are obstacles, suggest the ministries, local and relevant units to submit comments to the Ministry of planning and investment to timely review, handle to make good the work of monitoring, evaluation and investment.