Accordingly, the authorities have decided to allow Vietnam Singapore Industrial Park Joint Venture Company Limited (VSIP) to use the land with a total area of 7,273 m2 to implement the Hamlet 4 Residential Area project (phase 3) in Vinh Tan ward, Ho Chi Minh City.
In which, the competent authority allocates land with land use fees with an area of 3,918 m2 for use in urban residential purposes (commercial land).
Lease land for annual land rent for an area of 17.7 m2 for commercial and service land use.
Allocate land without collecting land use fees with an area of 3,337 m2 for use in building public entertainment areas, community activities, and traffic works.
The land is in use until April 1, 2059. Land prices for financial obligations are applied in accordance with the provisions of law.
The Department of Agriculture and Environment is assigned to direct agencies to grant certificates of land use rights and assets attached to land to enterprises. Determine the boundary and hand over land on site. The tax authority is assigned to calculate land rent and financial obligations and notify the enterprise to implement.
The competent authority assigning VSIP is responsible for fully fulfilling financial obligations and fully complying with regulations on land use management.
