On the morning of April 18, the Ho Chi Minh City People's Council passed a resolution on the list of land funds expected to be paid for BT projects.
A total of 33 land plots are included in the list, of which 17 are managed by the Ho Chi Minh City Land Fund Development Center, and the rest are managed by local authorities.
In this list, there are many "golden" land plots located in the city center such as land plots No. 8-12 Le Duan and 2-3-4 Hai Ba Trung (Saigon ward).
These are land plots abandoned for many years due to legal obstacles related to cases, which once attracted great public attention because of their prime location but have not been effectively exploited.
In addition, the list also includes other land plots such as the land plot on Pham Van Dong street (formerly a water park), land plot 152 Tran Phu (Cho Quan ward), 420 No Trang Long (Binh Loi Trung ward), 200 Vo Van Tan (Ban Co ward)...
According to the Ho Chi Minh City People's Committee, in the past time, the Ho Chi Minh City People's Council has approved the policy of investing in many large projects using public-private partnership (PPP) methods, including BT contracts, with a total investment of more than 182,000 billion VND.
In addition, many investors have proposed to implement large-scale projects such as Metro Line 2 (Ben Thanh - Thu Thiem section) and Thu Thiem - Long Thanh railway line, Can Gio - Vung Tau connecting road and bridge, Ho Tram - Long Thanh expressway, wastewater treatment plants in West Saigon and North Saigon, and a number of other key infrastructure, environmental and urban projects.
These projects have a total estimated investment of more than 366,000 billion VND, and are considered an urgent infrastructure project group to solve problems of flooding, environmental pollution, traffic congestion and urban development.
According to the Ho Chi Minh City People's Committee, the demand for investment capital for projects is very large, concentrated in the same period, while the ability to balance the budget is still limited. Therefore, the City needs a mechanism to mobilize and use resources more flexibly and effectively.
The preparation of the land fund list for payment is not only aimed at ensuring sufficient scale but also at selecting land plots with high commercial value and good exploitation potential to attract capable investors, while ensuring the principle of equal price payment and limiting pressure on the state budget.
