The operational duration of a foreign investment project shall be compatible with the requirements on operation of the project and shall not exceed 50 years. In case of necessity, the Government shall decide on the prolongation of such duration, which, however, shall not exceed 70 years.
The operational duration of a project shall be written in the investment certificate.
Responsibilities for formulating projects, deciding on investment and examining investment
1. Investors shall themselves decide on investment projects; take responsibility for the accuracy and truthfulness of contents of investment registration, dossiers of investment projects, and shall implementinvestment commitments already registered.
2. Organizations and individuals competent to formulate projects, decide on investment, examine or certifyinvestment shall take responsibility before law for their proposals and decisions
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