Common use of Project Implementation Structure Clause in Contracts

Project Implementation Structure. 1) Borrower: the Government of the Socialist Republic of Vietnam 2) Executing Agency: Vietnam Railways (VNR) 3) Operation and Maintenance System: after completion of the project, the national government will own the railway facilities and an operation and maintenance company to be established under the control of VNR will be in charge of the O&M.

Project Implementation Structure. 1) Borrower: the Government of the Socialist Republic of Vietnam 2) Executing Agency: Vietnam Railways (VNRMinistry of Transport(MOT) 3) Operation and Maintenance System: after completion of the project, the national government will own the railway facilities and an operation and maintenance company expected to be established under the control Department of VNR Transport, Hanoi People’s Committee. The department will be in charge of appoint a commissioned company before the O&M.services commence.