THE MINISTRY OF TRADE
SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
Hanoi, April 11, 2003
PROMULGATING THE REGULATION ON INVESTMENT IN BUILDING PETROLEUM DEPOTS NATIONWIDE
THE MINISTER OF TRADE
Pursuant to the Government's Decree No. 95/CP of December 4, 1993 defining the functions, tasks, powers and organizational structure of the Ministry of Trade;
Pursuant to the Regulation on Investment and Construction Management, promulgated together with the Government's Decree No. 52/1999/ND-CP of July 8, 1999, Decree No. 12/2000/ND-CP of May 5, 2000 and Decree No. 07/2003/ND-CP of January 30, 2003 amending and supplementing a number of articles of the Regulation on Investment and Construction Management, promulgated together with Decree No. 52/1999/ND-CP;
Pursuant to the Prime Minister's Decision No. 93/2002/QD-TTg of July 16, 2002 approving the Planning on development of the national system of petroleum depots till 2010;
At the proposal of the director of the Planning and Statistics Department - Chairman of the Board of Management of Planning Projects, the Ministry of Trade,
Article 1.-To promulgate together with this Decision the Regulation on investment in building petroleum depots nationwide.
Article 2.- The Ministry of Trade and other concerned ministries and branches as well as petroleum-trading enterprises nationwide shall have to implement this Decision.
Article 3.-This Decision takes implementation effect 15 days after its signing; all previous regulations contrary to this Regulation are hereby annulled.
THE MINISTRY OF TRADE
Le Danh Vinh
ON INVESTMENT IN BUILDING PETROLEUM DEPOTS NATIONWIDE
(Promulgated together with decision No. 422/2003/QD-BTM of April 11, 2003 of the Minister of Trade)
Article 1.-Contents and objectives of management
This Regulation establishes the State management principles, criteria and requirements which investors must comply with when they prepare for investment in building petroleum depots in the Vietnamese territory. This Regulation aims to establish order and discipline in the building of petroleum depots, ensuring the requirement of efficiently exploiting the construction land fund nationwide, socio-economic
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