On December 5, information from the Dong Nai Province Land Fund Development Center said that it is continuing to carry out related procedures to ensure sufficient conditions to organize auctions of land use rights for 21 prime land plots to raise capital for infrastructure investment.
Previously, Dong Nai Provincial People's Committee issued a decision approving 6 projects to exploit land funds in the vicinity of traffic projects in the province.
A total of 21 land plots adjacent to 9 traffic routes are included in the project, to create capital for developing road traffic infrastructure.
Rubber land areas with an area of over 930 hectares are assigned to the Provincial Land Fund Development Center to carry out the recovery and compensation work; the remaining land is managed and used by individual households and assigned to the People's Committees of districts and cities where the traffic project passes through to carry out the recovery and compensation.
According to the plan, after completing the recovery and compensation work, these lands will be auctioned in the period 2022-2027.
The total expected revenue is about 42,800 billion VND. After deducting the costs of compensation, support, resettlement and investment in transport infrastructure, the remaining amount is 34,400 billion VND.
9 specific traffic projects include: Bien Hoa City - Vinh Cuu District Belt Road Project; Construction project of D5 Road, N3 Road belonging to the central infrastructure of Thanh Phu Commune, Vinh Cuu District; Quang Trung Road and Le Dai Hanh Road project connecting to DT 768 extended road and DT 762 road in Vinh Cuu District; N1 Road Project in Cam My District; Long Giao Belt Road Project Phase 1 in Cam My District; Project to upgrade and expand Ngo Quyen Road in Long Khanh City; Project to upgrade and expand DT 769 road in Long Thanh District and Thong Nhat District; Project to upgrade and expand DT 773 road in Xuan Loc, Cam My, Long Thanh District and investment project to build DT 773B road in Dinh Quan, Thong Nhat, Cam My, Long Thanh District and Long Khanh City.