Auctioning prime land to attract investment capital in Khanh Hoa

Hữu Long |

Khanh Hoa plans to auction dozens of prime lands to increase budget revenue and meet the land use needs of organizations and individuals to serve socio-economic development.

Expected to bring a large source of revenue to the budget

Mr. Le Huu Hoang - Permanent Vice Chairman of Khanh Hoa Provincial People's Committee - said that there is a plan to auction land use rights for 9 land plots and plots in 2025 with a total area of 394 hectares.

In this list, there are many prime lands in Nha Trang City: Land plot No. 9 Truong Son (0.48ha), Land plot in O HH3-1 and HH3-2 My Gia Urban Area (3.7ha), Land plot of Binh Tan Port warehouse, 01A Phuoc Long (3.5ha), Land plot No. 96, map sheet No. 53 (No. 2-4 Bai Duong, 0.03ha), Vung Ngan Complex (58.7ha) and Mui Co - Bai ran Complex (124ha, all located on Hon Tre Island).

According to Chairman of Khanh Hoa province Nguyen Tan Tuan, the issuance and effective implementation of the plan on the progress of land use fees, land and water surface taxes, and auction of land use rights every month to ensure the progress of budget collection, supplement resources for development investment expenditure, especially key investment projects.

Land auction will publicize information

According to the leader of the Khanh Hoa Provincial Land Fund Development Center, information about the auction must be widely publicized on the National Land Use Rights Auction Portal, the district-level electronic information portal and mass media. The content includes land use planning, construction planning for organizations and individuals to know; selecting appropriate auction forms and price steps.

By the end of April 4, 2025, Khanh Hoa Land Fund Development Center was assigned to protect 38 lots, land and property on land. In this list, there are a number of lots and land plots that have planned auction of land use rights. Therefore, the Khanh Hoa Land Fund Development Center is currently coordinating with national defense, border, naval and local units to review the land and land plans with plans to auction land use rights to prevent and handle cases of gathering construction materials and encroached.

Chairman of Khanh Hoa Provincial People's Committee Nguyen Tan Tuan said that land auctions have encountered many difficulties in recent times, have not met expectations and have not contributed effectively to increasing budget revenue. To improve the situation, the province will simplify related procedures, creating a more transparent and open investment environment. In addition to direct auctions, Khanh Hoa also researched and encouraged organizers to apply new forms such as online auctions and secret ballots to increase competitiveness. The province will promote investment promotion, proactively introduce auctioned land lots to potential investors.

Hữu Long
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