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The Approval and Submission of Feasibility Study Report of Projects That Use In-direct Foreign Capital
(06/21/2005)
Responsible Department: Shanghai Municipal Development and Reform Commission£¨Department of Foreign Capital Utilization£©
Procedures:
1. The construction project shall meet the requirements of overall economic and social development planning and other relevant laws and regulations.
2. The construction company or its supervising authority shall provide relevant feasibility report and submit it together with other relevant documents.
----Feasibility study report to be submitted
----Feasibility study report of the project
---- Appendix
Procedures:
1. Feasibility Study Report of projects that receive foreign government loans: The construction can only begin its project feasibility study after being informed by State Development and Reform Commission that the project has become a candidate of a foreign government loan. Its feasibility study report will be submitted to Shanghai Municipal Development and Reform Commission after preliminary approval from district (county) level government and bureaus. Shanghai Municipal Development and Reform Commission will check and approve together with other departments. Projects with more than US$5 million of foreign government loan will be submitted to State Development and Reform Commission and other responsible departments for approval by Shanghai Municipal Development and Reform Commission.
2. Feasibility Study Report of projects that receive loans of international financial organizations (World Bank and Asia Development Bank): The construction company can carry out its project feasibility study and compile feasibility study report according to approved project proposal and opinions of consultant companies. The feasibility study report will then be submitted to Shanghai Municipal Development and Reform Commission, relevant commissions and bureaus and Shanghai Municipal Finance Bureau by district (county) level government and departments. After preliminary approval, Shanghai Municipal development and Reform Commission will then submit the report to State Development and Reform Commission.
Fees and Collection Standard:
Submitted to:
Address: Room 1104B, #200 People's Avenue
audituser :
According To:
1. "Circular on Printing and Distributing 'Measures (provisional) on the Administration of Foreign Government Aid'" (W.J.M.D.F. (No.305)
2. "Circular on Strengthening the Administration of Projects that Use International Commercial Loans" (J.W.Z. (1993) No.2555)
3. "Opinions of the State Council on the Administration of State Planning Commission on the Usage of Foreign Loan" (G.F. (1986) No.83)
4. "Regulation of Shanghai Municipality on Foreign Debt", (Decree No.31 (90) of Shanghai Municipal People's Government)
Telephone: 63212810-2813
Web-site:
Working Hours:
Duration of Procedures: According to certain regulations
Qualification of Applicants: Construction company, its supervising authority or district (county) level government