This Decision supplements the List of projects borrowing credit for state investment in development, allowing new cement production projects to borrow funds to purchase domestic equipment up to 30% of the total investment amount. Projects must meet conditions in economically and socially disadvantaged areas or extremely disadvantaged areas and have a loan agreement signing period ending on December 31, 2005.
적용 범위
Project investor for cement production projects
핵심 사항
- Project investors for cement production projects → are allowed to borrow state investment development credit to purchase domestic equipment, with the borrowing amount not exceeding 30% of the total project investment amount.
- The above projects → must produce clinker and be located in economically and socially disadvantaged areas (Category B) or extremely disadvantaged areas (Category C).
- The loan agreement signing period between the project investor and the Development Support Fund ends on December 31, 2005.
- Borrowing projects → must satisfy all conditions stipulated to be eligible for state investment development credit.
- This Decision takes effect 15 days after its publication in the Official Gazette.
🌐 이 문서의 사회적 영향
- Positive impact: Supporting cement production projects in disadvantaged areas to develop economically and socially.
- Negative impact: May cause financial pressure on the Development Support Fund due to an increase in the number of borrowing projects.
❓ 자주 묻는 질문
What percentage of the total investment amount can cement production projects borrow?
Projects can borrow up to 30% of the total investment amount of the project.
Which projects can borrow funds under this Decision?
Investors of cement production projects located in economically and socially disadvantaged areas (Category B) or extremely disadvantaged areas (Category C).
What is the loan agreement signing period?
The loan agreement signing period between the project investor and the Development Support Fund ends on December 31, 2005.
Which projects must meet the conditions to be eligible for borrowing?
Cement production projects must satisfy all conditions stipulated by the State to be eligible for state investment development credit.
When does this Decision take effect?
This Decision takes effect 15 days after its publication in the Official Gazette.
전문
DECISION OF THE MINISTER OF FINANCE
REGARDING THE SUPPLEMENTATION OF THE LIST OF PROJECTS
TO BE FUNDED BY STATE DEVELOPMENT CREDIT
THE MINISTER OF FINANCE
Pursuant to the Law on Organization of the Government dated December 25, 2001;
Pursuant to Decree No. 77/2003/NĐ-CP dated July 1, 2003 of the Government stipulating the functions, tasks, authorities, and organizational structure of the Ministry of Finance;
Pursuant to Decree No. 106/2004/ND-CP dated April 1, 2004 of the Government on State development credit;
Pursuant to Resolution No. 13/2004/NQ-CP dated November 3, 2004 of the Government;
At the proposal of the Director of the Department of Banking and Financial Institutions;
DECISION:
Article 1. Add new investment projects for cement production to the List of credit investment development loan projects issued together with Decision No. 54/2004/QĐ-BTC dated June 16, 2004, of the Minister of Finance. State credit investment development capital for these projects shall be used to purchase domestic production equipment; the loan amount shall not exceed 30% of the total project investment.
Article 2. The aforementioned projects must produce clinker and be located in economically and socially disadvantaged areas (Category B) or extremely disadvantaged areas (Category C) as defined in Decree No. 35/2002/NĐ-CP dated March 29, 2002, of the Government; at the same time, they must meet all conditions stipulated for borrowing state credit investment development capital. The term of the credit contract between the investor of the aforementioned projects and the Development Support Fund shall end on December 31, 2005.
Article 3. This Decision takes effect fifteen days from the date of publication in the Official Gazette.
The Chairman of the Management Council, General Director of the Development Support Fund; the Director of the Department of Banking and Financial Organization Finance; and the investors of the aforementioned cement production projects are responsible for implementing this Decision./.
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