Decision No. 163/2002/QĐ-TTg On approving the overall restructuring and renewal plan for state-owned enterprises under the People's Committee of Son La Province for the period 2002-2005

DECISION OF THE PRIME MINISTER

Regarding the approval of the Overall Plan for the Restructuring and Modernization of State-Owned Enterprises under the Government Office of Logistics for the period 2002-2005

belonging to the People's Committee of Son La Province for the period 2002-2005

                                              

PRIME MINISTER

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

Based on Directive No. 01/2003/CT-TTg dated January 16, 2003 of the Government Chairman on continuing to promote the restructuring, modernization, development, and improvement of efficiency of state-owned enterprises;

Considering the proposal of the People's Committee of Son La Province (Circular No. 1259/UB dated July 22, 2002), the opinions of the Ministries of Planning and Investment (Circular No. 5676/BKH-DN dated September 5, 2002), Finance (Circular No. 9738/TC-TCDN dated September 6, 2002), Labor, Invalids and Social Affairs (Circular No. 3000/LĐTBXH-CSLĐVL dated September 12, 2002), Home Affairs (Circular No. 139/BNV-TCBC dated September 9, 2002) and the conclusion of the Appraisal Council at the meeting on October 11, 2002, Approves the overall plan for the restructuring and modernization of state-owned enterprises under the People's Committee of Son La Province for the period 2002-2005 (Annex attached).

 

DECISION:

Article 1. The Chairman of the People's Committee of Son La Province shall be responsible for directing the implementation of the restructuring and modernization of state-owned enterprises under its jurisdiction in accordance with the approved content and schedule. Any adjustments or supplements must be approved by the Prime Minister.

Article 2. The Ministry of Finance, the Ministry of Planning and Investment, the Ministry of Home Affairs, the Ministry of Labor, Invalids and Social Affairs, and other relevant ministries and localities shall be responsible for coordinating with the People's Committee of Son La Province in implementing the plan.

Article 3. The Steering Committee for Enterprise Reform and Development shall be responsible for urging, guiding, and monitoring the implementation of this plan, and at the same time recommending solutions to the Prime Minister to address difficulties during the implementation process.

Deputy Prime Minister

Article 4. THIS DECISION SHALL TAKE EFFECT 15 DAYS AFTER THE DATE OF SIGNATURE.

The Chairman of the People's Committee of Son La Province and the heads of relevant agencies are responsible for enforcing this Decision./.

ANNEX

(annexed to Decision No. 163/2002/QĐ-TTg dated November 18, 2002 of the Prime Minister)

I. STATE-OWNED ENTERPRISES THAT THE STATE WILL CONTINUE TO HOLD 100% OF THE CAPITAL AND MAINTAIN THE CURRENT NUMBER OF EMPLOYEES UNTIL 2005

 

1. Public enterprises engaged in public services:

Water Conservancy Engineering Company,

Motor Vehicle Inspection Company - River Transport.

2. Public enterprises engaged in business activities, including:

State-owned Farm To

Hi, Chieng Sung Farm,

Chieng Ve Farm,

Red Flag Mu Cang Chai Farm,

Pu Bac Yen Forest Farm, Muong La Forest Farm,

Forestry and Industry Company,

Tea Development Service Company,

Construction Lottery Company,

School Equipment Book Company.

3. Implementing mergers of enterprises: Highway Management and Repair Company I

and Highway Management and Repair Company IV,

Highway Management and Repair Company II

and Highway Management and Repair Company III, Merging Mu Cang Chai Forest Farm I

and Mu Cang Chai Forest Farm II into one forest farm,

Merging Song Ma Forest Farm and Special Forest Products Song Ma Forest Farm into one forest farm. 1. In 2002: a) Implementing mergers and shareholding reform (the state holding more than 50% of the charter capital):

Agricultural Technical Supplies Company becomes Agricultural Supplies Joint Stock Company.

II. TIMETABLE FOR RESTRUCTURING STATE-OWNED ENTERPRISES

b) Enterprises implementing shareholding reform, in which the state holds less than 50% of the charter capital or does not hold shares:

Hydropower Construction Company II,

Fisheries Company I, Import-Export General Company,

Tourism-Hotel Company Son La, Mineral Company.

c) Implementing Decree No. 103/NĐ-CP selling enterprises to the workforce within the enterprise:

Agricultural Machinery Company,

Hydropower Construction Company I.

2. In 2003:

a) Enterprises implementing shareholding reform, in which the state holds more than 50% of the charter capital:

Printing Factory, Coffee and Fruit Tree Company,

Mulberry Silk Company,

Livestock Development Company,

Timber Processing and Trading Company.

Road Construction Company,

River Transport Service Company,

Building Materials Production and Trading Company I,

Urban Development Company,

Hoa Ban Construction and Service Company,

Tourism-Hotel Company Son La, Mineral Company.

Industrial Construction Installation Company,

Pharmaceutical Equipment and Medical Supplies Company,

Food Processing and Trading Company,

Comprehensive Construction Company I,

Construction Company II.

Printing Factory, c) Implementing mergers and shareholding reform (the state holding more than 50% of the charter capital):

Merging three Trading Companies: Thuong Quynh, Border Song Ma, and Lung Ho Song Da into the Provincial Trading Company to implement shareholding reform.

d) Implementing mergers of enterprises: Highway Management and Repair Company I

and Highway Management and Repair Company IV.

and Highway Management and Repair Company III.

3. In 2004:

a) Enterprises implementing shareholding reform, in which the state holds more than 50% of the charter capital: Water Supply Company.

Consulting Design Company for Hydraulic Projects, Consulting Design Company for Transportation Projects,

and Mu Cang Chai Forest Farm II Consulting Design Company for Civil Projects,

Cement Company,

Building Materials Production and Trading Company III,

Tourism-Hotel Company Son La, Mineral Company.

Trade Union Tourism Hotel Company,

Food Processing Factory.

c) Implementing mergers of enterprises:

Merging Mu Cang Chai Forest Farm I and Mu Cang Chai Forest Farm II into one forest farm,

Merging Song Ma Forest Farm and Special Forest Products Song Ma Forest Farm into one forest farm.

III. MAINTAINING THE STATUS QUO OF ENTERPRISES

RESOLVING FINANCIAL ISSUES BEFORE TRANSFER OF OWNERSHIP

Son La Sugar Company,

Building Materials Production and Trading Company II./.

The Song Ma Timber Farm and the Song Ma Special Timber Farm shall be merged into one timber farm.

III. MAINTAIN THE STATUS QUO OF ENTERPRISES, FINANCIAL SETTLEMENT AND STRONG RECONCILIATION PRIOR TO PROPERTY TRANSFER Financial settlement and strong reconciliation prior to property transfer.

Son La Sugar Company,

Construction Materials Production and Trading Company II./.