Decision 76/49

The Executive Committee decided:

1. To note the progress report on the implementation of the second tranche of stage I of the HCFC phase-out management plan (HPMP) in Viet Nam;
2. To further note:
   1. That a new foam enterprise, Sanaky, had been included in the foam sector plan replacing the enterprise Glory, which was no longer in business;
   2. That the costs of the conversion and the HCFC consumption of Sanaky had been, on an exceptional basis, calculated on the basis of its 2009 consumption so that the enterprise could be treated in the same manner as the other enterprises included in the foam sector plan under stage I;
   3. That the Fund Secretariat had updated Appendix 2-A of the Agreement between the Government of Viet Nam and the Executive Committee, as contained in Annex XVIII to the present report, on the basis of the addition of the enterprise mentioned in paragraph (b)(i) above, the additional amount of HCFC-141b to be phased out and the revised funding level, and that paragraph 15 of the Agreement had been amended to indicate that the updated Agreement superseded that reached at the 71^st meeting;
3. To deduct 3.1 ODP tonnes of HCFC-141b from the remaining HCFC consumption eligible for funding;
4. To approve the third and final tranche of stage I of the HPMP for Viet Nam, and the corresponding 2016 tranche implementation plan, in the amount of US $407,581, plus agency support costs of US $30,569 for the World Bank; and
5. To request the Government of Viet Nam and the World Bank to submit progress reports on the implementation of the work programmes associated with stage I on a yearly basis until completion of the project, and the project completion report on stage I of the HPMP by the last meeting of the Executive Committee in 2017.