ODA capital use must not exceed allocation.

The Prime Minister has just assigned to supplement the list and plan of foreign capital (ODA) from the state budget in 2015 to ministries and localities, according to which the regulation on ODA capital use must not exceed the allocated capital.

Hai Van Pass Tunnel is built with ODA capital.

Accordingly, the Prime Minister assigned the Minister of Planning and Investment to base on the total capital and project list to assign the central and local ministries, branches and localities the specific capital amount for each project.

In principle, the State only supplements the list of ODA projects that are subject to allocation from the central budget and have undisbursed donor funding (including the central budget capital portion according to the Agreement and investment decisions of competent authorities of mixed ODA projects).

In particular, the transitional projects must be projects that have been assigned plans by the Prime Minister in previous years but have not yet fully disbursed the committed capital of the sponsor. As for newly started projects, only the list and plan for 2015 must be added for projects that have signed agreements with sponsors and have been approved by competent authorities for investment decisions.

No addition to projects that have not signed an Agreement

The additional ODA capital planned for 2015 for each project shall not exceed the ODA capital allocated from the central budget as stipulated in the Agreement or as decided by the competent authority approving the project and in accordance with the implementation progress and funding capacity of the sponsor in 2015; the 2015 capital plan shall not be supplemented for projects that have not signed an Agreement or have not been approved by the competent authority; and are not subject to investment from the central budget.

The Ministry of Planning and Investment is fully responsible to the Prime Minister and inspection and auditing agencies for the accuracy of information, data and capital levels allocated to projects.

According to Investment