On May 1, the People's Committee of Quang Binh province announced that it had issued a decision on land reclamation of Hoang Gia Phat Consulting and Investment Company Limited due to failure to fully fulfill financial obligations when using land to implement the Coco's Boutique hotel project in Dong Phu ward, Dong Hoi city.
The area of recovered land is 5,502m2 at plot number 255, map sheet number 26, which was leased by the Provincial People's Committee to Hoang Gia Phat Company on September 29, 2010. The revocation is based on the violation points in Clause 9, Article 11 and Clause 6, Article 81 of the 2024 Land Law.
The provincial People's Committee requests within 10 days from the date of signing the decision, Hoang Gia Phat Company must hand over the land in the field to the Provincial Land Fund Development Center for management; At the same time, submit the land use right certificate to the Land Registration Office for handling according to regulations. If overdue, the City People's Committee. Dong Hoi will organize the coercive land acquisition in accordance with the law.
In addition, if there are assets attached to land, the government will hire an independent valuation consultant to include in the auction plan for land use rights and assets on land, in order to ensure rights and obligations according to regulations.
At the project scene, the 5 -storey hotel block has completed the rough part to the 4th floor. The 4 -storey hotel block has also completed the 3rd and 2nd floor pillars. However, the project has been stopped for a long time.
The Provincial People's Committee also clearly assigned responsibilities to relevant departments, branches and units to ensure land acquisition, property handling and preparation for land use rights auctions in accordance with legal procedures.
