Decision No. 122/2005/QD-TTg On approving the adjustment plan for restructuring and modernizing state-owned enterprises under the People's Committee of Da Nang City

Pursuant to …;

Regarding the approval of the plan to adjust the restructuring and renewal of state-owned enterprises under the People's Committee of Dien Bien Province state-owned enterprises under the People's Committee of Da Nang City

PRIME MINISTER

Pursuant to the Law on Organization of the Government dated December 25, 2001;

Pursuant to Decision No. 155/2004/QĐ-TTg dated August 24, 2004 of the Prime Minister on issuing criteria and classification lists for state-owned enterprises and independent accounting subsidiaries under state-owned corporations;

Considering the proposal of the Chairman of the People's Committee of Da Nang City,

DECISION:

Article 1. Approves the plan for restructuring and reforming state-owned enterprises under the People's Committee of Da Nang City for the period 2005-2006, as set out in the attached Appendix.

Article 2. The Chairman of the People's Committee of Da Nang City shall be responsible for directing the restructuring and reform of state-owned enterprises under its jurisdiction in accordance with the approved content. For businesses that cannot be listed, they shall proactively transition to other appropriate forms of restructuring.

Article 3. The Standard Measurement Quality Control Department shall be responsible for organizing and guiding the implementation of the Regulations adopted herein.

The Ministers of Finance, Planning and Investment, Home Affairs, Labor, War Invalids and Social Affairs, and the Heads of relevant agencies shall be responsible for implementing this Decision.

ANNEX

LIST

STATE-OWNED ENTERPRISES UNDER THE PEOPLE'S COMMITTEE OF DA NANG CITY TO IMPLEMENT RESTRUCTURING AND REFORM FOR THE PERIOD 2005-2006

(Annexed to Decision No. 122/2005/QĐ-TTg

dated May 31, 2005 of the Prime Minister)

I. STATE-OWNED ENTERPRISES CONTINUING TO HOLD 100% STATE CAPITAL: 8 ENTERPRISES

1. Da Nang Urban Environment Company.

2. Da Nang Water Resources Management and Exploitation Company.

3. Da Nang Water Supply Company.

4. Da Nang Publishing House.

5. Da Nang Lottery and Printing Services Company.

6. Da Nang Construction Materials, Installation and Housing Business Company.

7. Da Nang Construction and Infrastructure Development Company.

8. Da Nang Investment and Housing Development Company.

II. STATE-OWNED ENTERPRISES TO IMPLEMENT STOCK MARKETIZATION: 18 ENTERPRISES

a) Enterprises to implement stock marketization, in which the State holds controlling shares: 8 enterprises

1. Da Nang Port Management and Transport Services Company.

2. Da Nang Import-Export Company.

3. Thuận Phước Fisheries and Trade Company.

4. 29/3 Textile-Fashion Company.

5. Da Nang Urban Construction Company.

6. Da Nang Friendship Company.

7. Da Nang Mechanical-Automobile and Electrical Equipment Company.

8. Da Nang Sea Transport and Trade Company.

b) Enterprises to implement stock marketization, in which the State does not hold controlling shares: 10 enterprises

1. Da Nang Tourism Company.

2. Da Nang Design and Construction Consulting Company.

3. Da Nang Traffic Design Consulting Company.

4. Da Nang Transportation Construction Company.

5. Da Nang Export Special Forest Products Company.

6. Da Nang Textile Company.

7. Da Nang Construction and School Interior Equipment Company.

8. Da Nang Export Processing and Trading Company.

9. Song Nam Forestry Enterprise.

10. Material Extraction and Processing Enterprise under Da Nang Construction Service Employment Youth Volunteer Company.

III. STATE-OWNED ENTERPRISES TO BE LIQUIDATED

1. Da Nang Agricultural and Food Import-Export Company,

2. Da Nang Timber and Trade Lien Viet Company.

IV. State-owned enterprises transferred to workers

Da Nang Construction Service Employment Youth Volunteer Company.