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land for infrastructure
Updated news related to land for infrastructure
Temporarily stop exchanging land for infrastructure
The Ministry of Finance has just sent an official dispatch to ministries, branches, and People's Committees of provinces and centrally-run cities requesting a temporary suspension of consideration and decision on the use of public assets (land) to pay investors when implementing investment projects in the form of build-transfer (BT) until the Government's Decree regulating this content comes into effect.
Economy
Exchange land for infrastructure: Stop the hands of tycoons from grabbing cheap golden land
To avoid the loss of land and state assets when investing in projects under the form of Build-Transfer (BT) contracts, also known as exchanging land for infrastructure, the Ministry of Finance has developed a prevention plan. This is the first time there is a document clearly regulating the exchange of public assets for infrastructure.
Auditor General: Land-for-infrastructure investment is prone to corruption because of 'golden land'
Land value is not calculated close to the market, much lower than when handed over... are the shortcomings of the BT investment mechanism, according to Auditor General Ho Duc Phoc.
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