ĐỐI TÁC PHÁT TRIỂN NÔNG NGHIỆP BỀN VỮNG VIỆT NAM (PSAV)

ENG VI

Private sector access to and use of ODA, preferential loans

25/ 04/ 2018

The Ministry of Planning and Investment proposed in the draft Decree on the management and use of Official Development Assistance (ODA) and preferential loans from foreign donors. Accordingly, apart from public institutions and organizations, private enterprises can also borrow ODA and preferential loans from foreign donors.

Forms of access and use of ODA, preferential loans to the private sector include: Participating as a party with capital contribution in PPP investment projects that use ODA investment, preferential loans as the State investment capital; re-lending ODA loans, preferential loans through commercial banking system ...

The draft stipulates that private enterprises may access and use ODA capital, preferential loans within the limits of the credit line to domestic financial institutions in order to carry out appropriate activities that are in line with international agreements on ODA capital, preferential loans and compliance with the lending procedures of financial and credit institutions.

Private enterprises participate as capital contributors in investment projects in the form of public-private partnerships (PPPs) which use ODA capital and preferential loans as the State's investment capital; as well as re-lending ODA through commercial banks under the method of commercial banks subject to credit risk ...