Encourage the plan of action to develop the environmental industry

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On August 01, 2014, the Prime Minister signed the Decision No. 1292/QD-TTg approving the Plan of Action to develop the environmental industry and energy conservation in implementation of Vietnam’s industrialization strategy within the framework of Vietnam-Japan cooperation through 2020, with a vision toward 2030.

To encourage all economic sectors to participate in investment; to attract investment and advanced technologies from abroad in the implementation of this Plan of Action.

At the same time, with the Orientation to strongly develop the environmental industry and energy conservation into a mainstay industry by 2020, making important contributions to the economy and being capable of meeting the requirements of environmental pollution treatment and sustainable energy use, the Prime Minister shall enhance management and create pressure and output markets; to step up research and application, investment promotion, development cooperation and technology transfer; application of the energy conservation model in hospitals, hotels and big office buildings; experimentation and application of a model of collecting and recycling discarded electric and electronic equipment; building of centralized urban wastewater treatment plants in cities.

Funds for implementation of the Plan of Action shall be mobilized from the state budget, international aid, the society, foreign investment and other lawful sources. Funds for implementation of investment actions to develop products of environmental industry and energy conservation shall be mobilized from the society, foreign investment, international aid and other lawful sources.

This Decision takes effect on the signing date.