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(+84) 898 898 688Mr. Vo Van Hoan said: “The investor’s capacity needs to be evaluated carefully, not to let the investor invest in big projects. Although this is only a functional subdivision, the estimated value is about VND 28,000 billion which should be taken into account in the implementation options. “
Meanwhile, Vo Cong Luc – Director of the Land Development Center of Ho Chi Minh City. HCM said that the auction of 9 land lots in Thu Thiem will be implemented transparently according to the procedure of Joint Circular 14/2014 / TTLT-BTC-BTP between Ministry of Finance and Ministry of Justice.
Specifically, the city will carry out surveying, planning projection for exactly the area of this plot is how much? Then, the unit will conduct valuation and submit to the People’s Committee the starting price. Finally, the bidder is selected to hold a public auction. Almost public lands in the city follow this process.
Recently, the People’s Committee of Ho Chi Minh City has just allowed auctions of 9 plots of land in the functional area No.1 of Thu Thiem urban area. This area is planned as a multifunctional trade center.
The land area of 78,000 sqm is clean land but no technical infrastructure, connecting roads. Six plots are multi-purpose residential area, three blocks are multifunctional commercial area with the total investment of VND27,000 billion.
The City People’s Committee assigned the Thu Thiem Management Board to coordinate with the Department of Natural Resources and Environment to draw up a detailed plan of 1/500 scale and carry out the auction in accordance with regulations.
The leaders of the People’s Committee of the city also asked the concerned units to plan the relocation of religious establishments in this urban area (Thu Thiem Church, Thu Thiem Lovers’ Church) as well as the recovery of Thu Thiem primary school to hand over the construction of riverside and riverside parks on schedule.
Thu Thiem Urban Area is located on Thu Thiem Peninsula, District 2, opposite District 1 via Saigon River, with a total area of 657 hectares. The peninsula is expected to become a financial and commercial hub of international stature expected to be the most beautiful urban area in Southeast Asia.
To become reality, It took 10 years to clear about 15,000 households in the Thu Thiem peninsula with about VND 30,000 billion to compensate, build resettlement area for people.
“Land auctions must be in line with the investor’s capacity assessment process, forcing investors to comply with the approved land use plan. The land and then to do it … bad face the city, “said Hoan.
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