According to clause 11 Article 4 of the Law on Enterprise No. 59/2020/QH14
, a company with state capital less than 50% is not a state-owned enterprise.
Accordingly, the Ministry of Construction assumes that a construction project of company with state share less than 50% shall not be subject to the regulations provided for projects funded by state capital other than public investment capital.
The investor only needs to study, implement the investment according to regulations of laws on construction, laws on investment and related laws.