Update

Circular no. 33/2012/TT-BCT from Ministry of industry and trade to regulate, formulation, appraisal and approval of mine design, solid minerals construction projects.

Under the provisions of this Circular, the mines have to make investment and construction projects including mines under the national important project approved by the National Assembly through the investment policy; included in portfolio sector planning which has been approved by the competent authority and have the decision to approve mineral reserves of the competent state agencies, with a total investment of over 15 billion VND; not in the sector planning, or sector planning that has not been established, not yet approved, but has the text of the competent authority approval of additional planning consent on investment planning or permitting, with a total investment of more than 15 billion VND and decision approving the mineral reserves of competent state agencies; subject auction of mining rights in accordance with total investment capital of more than 15 billion VND and has the decision to approve mineral reserves production of competent state agencies.

At the same time, the Circular also specifies dossier evaluation and approval of mine constructing investment projects. Accordingly, the record includes: the evaluation report on construction investment project in the form in Appendix II issued together with the Government’s Decree No. 12/2009/ND-CP.

ANT Lawyers

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