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Approving the Project funded by Japanese non-refundable aid The Prime Minister approved the investment policy of the proposed technical cooperation project [...]

The Prime Minister approved the investment policy of the Technical Cooperation Project requesting the Japanese Government to provide non-refundable aid.
Specifically, the project name is to strengthen capacity in cost estimation, contract management, quality and safety in construction investment projects.
The general goal of the Project is to improve regulations on the management of public construction investment projects in Vietnam according to international standards.
The specific goal of the project is to perfect the policy mechanism in the field of construction investment towards international standards; Strengthen the capacity of relevant entities in cost estimation, contract management, construction capacity and project management with the goal of implementing safe, quality and effective construction projects.
The main result of the Project is to strengthen the capacity to identify necessary work items related to construction safety management; Strengthen the capacity to integrate quality management and safety management into cost estimation in construction; Strengthen construction contract management capacity.
The project will be implemented in 3 years with non-refundable aid from the Japanese Government of more than 71 billion VND