The maximum time for adjusting the progress of an investment project.

Huong Mai
Mar 4
2 min read

Maximum Time for Project Timeline Adjustment for Investment Projects with Approved Investment Policies:

According to Clause 4, Article 41 of the 2020 Investment Law, for investment projects with an approved investment policy, the investor may not adjust the project timeline by more than 24 months compared to the initial investment approval timeline. However, this does not apply in the following cases:

To rectify the consequences of force majeure events as stipulated by civil law and land law.
The project timeline is adjusted due to delays in land allocation, land lease, or land-use change approval by the state.
The project timeline is adjusted at the request of state management authorities, or due to delays in administrative procedures by state agencies.
The project timeline is adjusted due to changes in the planning by state authorities.
The project objectives as specified in the initial investment policy approval document are changed; new objectives that require approval of the investment policy are added, or the total investment capital increases by 20% or more, which alters the project scale.

2. Maximum Time for Project Timeline Adjustment for Investment Projects with Only Investment Registration Certificate:

According to Official Letter No. 2541/CV-TCT in 2022, the maximum time to adjust the project timeline for investment projects with only an Investment Registration Certificate is as follows:

According to Clause 4, Article 41 of the Investment Law, for investment projects with an approved investment policy, the investor may not adjust the project timeline by more than 24 months compared to the initial investment approval timeline.

Thus, the limitation on the project timeline adjustment, as specified in Clause 4, Article 41 of the Investment Law, applies only to projects with an approved investment policy. It does not apply to projects that only operate under an Investment Registration Certificate without an approved investment policy.

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