Decision No. 706/QD-BXD dated June 30th, 2017 of the Ministry of Construction on promulgation of investment unit cost and construction unit cost of structural assemblies in 2016

Construction investment unit cost (investment unit cost) 2016 issued together with this Decision is the basis for investors to consult and to use to estimate and manage construction investment cost

“Investment unit cost” is needed cost to invest in constructing a new structure per unit of area, capacity according to the structure design.

The investment unit cost promulgated in this Decision is calculated with construction price index of Quarter IV of 2016. For the construction works using USD, the cost in USD shall be changed to VND as per the average exchange rate in Quarter IV/2016 as 1 USD = 22.533 VND.

The aforesaid investment unit cost excludes special costs according to particular requirements of each project/construction work, such as: Compensation, loan interest during, Initial working capital (construction investment period, etc.

This Decision takes effect from the date of its signing.