Review of the feasibility study report

For entities affiliated with Sinopec, Sinopec’s approval is sufficient, but environmental impact assessments, safety assessments, and energy assessments need to be approved by the local regulatory authorities.

This post was last edited by Grizzly Bear on 2016-8-21 at 10:16. Theoretically, as long as it is not a state-owned project that involves land allocation or requires a feasibility study, there is no problem with it. My chairman is happy to make decisions on his own; I’ll use my own money – what business is that of yours? In fact, it must be a new construction or expansion project; to obtain approval for the use of land, supervision is required from the Development and Reform Commission, as well as departments responsible for land resources, environmental protection, public security and fire protection, and labor and health. You’d better ask the department head in charge which consulting company is good for reviews, and have him recommend one to you.

You are perfect. In fact, various departments are recommending consulting firms. Offend this one by using that one.

A feasibility study is necessary, and the company itself also needs to conduct technical and economic analyses.

Of course, it’s best to do it. For project submissions that aren’t of the approval type, is just an application report sufficient?

For feasibility studies, those recommended by the National Development and Reform Commission can be used; as for other specialized reports, it is up to the entity responsible for approval to recommend them~

The National Development and Reform Commission is known as a mini-Government; at all levels of government, it holds a higher status than other ordinary departments. (**In China, the National Development and Reform Commission and the Public Security Bureau hold considerable power, acting as equivalents to the Organization Department and the Publicity Department within the Party structure. ) Therefore, it is appropriate to have the Development and Reform Commission recommend who should take the lead; as for fire safety, which falls under the jurisdiction of the public security authorities, it has always been handled separately.

The application report is prepared on the basis of a feasibility study. In fact, the application report is a condensed version of the feasibility study.

It is best to find a local firm that can carry out feasibility studies, especially one that has worked on similar projects in the industrial park； If a design institute is tasked with this, it must go to the local area in advance to build relationships and offer the proper gifts and gestures ； The feasibility studies for the factories we build are all carried out by local feasibility study firms. After evaluation, the feasibility study report is approved by the relevant approval authorities at various levels in accordance with the project approval procedures. The feasibility study reports for large and medium-sized projects, as well as those above a certain scale, must be submitted level by level to the **Development and Reform Commission for approval ； At the same time, a qualified engineering consulting firm should be commissioned to conduct the assessment. Small-scale projects and those below the designated limit are generally approved by the provincial development planning departments or the industry-specific regulatory authorities. Authorized or entrusted by provincial development planning departments and industry regulatory authorities, regional development planning departments can approve projects within the scope of their authorized or entrusted powers. Once the feasibility study report is approved, **construction of the project is authorized; it is usually first included in the list of prospective projects.