Article 29, investment Law on fields in which investment is conditional, point h) stipulates protects in education and training cause development. According to Investment Law, investment projects in fields in which investment is conditional must be subject to inspection.
Where an investment project is for business purpose under the Investment Law, the under the Investment Law (Article 29) and Annex A of Decree 108/2006/ND-CP dated 22/9/2006, an investment project in school infrastructure is given investment incentives and an eligible investment project needs to be inspected to be granted with an Investment Certificate.
Where an investment project is not for business purpose, then Decree 53/2006/ND-CP dated 25/5/2006 on policy to encourage the development of facilities to provide non-state services and current regulations on education popularization shall apply.
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