VietNamNet Bridge – In 2009, the Government-guaranteed foreign loans will focus on key projects for power and transport infrastructure, according to a meeting of the government on Thursday.

VietNamNet Bridge – In 2009, the Government-guaranteed foreign loans will focus on key projects for power and transport infrastructure, according to a meeting of the government on Thursday.

Specifically, foreign loans for projects to develop the air crew, power plants and key mechanical engineering products will be guaranteed by the Government.

Other infrastructure projects, like those to build highways and important projects, approved by the Prime Minister will continue to be guaranteed.

The total investment capital of projects that are considered for the government’s guarantee is, at minimum, US $30 million, in which the investor must contribute at least 20%, not including loan and State capital.

The Ministry of Finance will combine with related ministries and agencies to evaluate and oversee projects of this kind.

At the 4^th National Assembly session, many deputies asked the government to not continue guarantees for State-owned enterprises’ foreign loans.

Ngoc Le