In order to lure more investments in the production of building materials, the Government on December 16 issued Decree 95/2019/ND-CP amending Decree 24a/2016/ND-CP dated April 5, 2016, on the management of building materials, requiring investment projects on production of building materials to observe approved building material development master plans and comply with the law on construction investment.
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| The Government on December 16 issued a decree revising the regulations on the management of building materials, requiring investment projects on production of building materials to observe approved building material development master plans and comply with the law on construction investment__Photo: VNA |
Investment projects on production of key building materials are required to be equipped with advanced and modern technologies and equipment that meet raw material, fuel, and energy consumption norms and environmental protection requirements and technologically assessed in accordance with the law on technology transfer.
Under the new regulation, building material-related activities are investment in and production of building materials, building material quality management and trading, and policies on development of mineral- and energy-saving and environment-friendly building materials.
The new decree will take effect on February 10, 2020.-
