Land price in Vinh city is lowest at 1.7 million VND/m2

(Baonghean.vn) - On the afternoon of October 24, the People's Committee of Nghe An province held a regular meeting to listen to and give opinions on a number of draft resolutions submitted to the People's Council for consideration and promulgation. Comrade Nguyen Xuan Duong - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee chaired the meeting.

Attending the meeting were representatives of the Provincial Party Committee's Propaganda Department, Vice Chairmen of the Provincial People's Committee, members of the Provincial People's Committee, representatives of the Provincial People's Council and leaders of departments and branches.

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Overview of the meeting.

Members of the Provincial People's Committee and representatives of departments and branches listened to and commented on the draft Resolution submitted to the People's Council on "Proposal to promulgate regulations on a number of policies to support investment projects in building social housing in Nghe An province". This is one of the policies to encourage investors to build social housing for low-income people and workers in industrial parks.

According to the draft, the provincial budget supports 100% of the cost of surveying topography, geology and making detailed construction plans for the project based on the estimated value approved by competent authorities and according to settlement data inspected by the Department of Finance; supports 100% of the cost of compensation for site clearance according to the State's compensation unit price after being approved by competent authorities; the province supports 100% of the volume of site leveling based on the design and estimate approved by competent authorities and according to settlement data inspected by the Department of Finance.

Comrade Nguyen Xuan Duong - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee chaired the meeting to discuss the contents of the draft Resolution submitted to the Provincial People's Council.

The draft also mentions that the provincial budget supports 80% of the investment costs for the construction of technical infrastructure systems (public lighting, playgrounds, internal roads, drainage, trees) within the scope of social housing projects, based on the design and estimates appraised and approved by competent authorities, but not exceeding 3 billion VND/project.

The provincial budget also invests in roads and drainage systems to the fences of social housing projects and directs specialized enterprises to invest in electricity, water, and communication systems to the fences of the projects for direct sale to investors.

Tecco Tower Apartment - one of the social housing projects where many customers borrow the 30,000 billion VND package to buy apartments. Illustrative photo

Also on the afternoon of October 24, the Provincial People's Committee gave its opinion on "issuing Regulations on tuition fees in public educational and training institutions under the management of Nghe An province from the 2016-2017 school year to the 2020-2021 school year" to submit to the Provincial People's Council.

This is the second time the Department of Education and Training has presented this issue. According to the previous proposal to adjust tuition fees from 2010, the inflation rate has now increased to 48%, so the adjustment is urgent to reform the education sector's salary, contributing to improving the quality of education.

The leaders of the Department of Education and Training presented the second draft on adjusting tuition fees in Nghe An after receiving additional opinions from sectors and localities.

This adjustment does not affect children of policy families, poor and near-poor households, ethnic minority students, students in area 30a, and students with disabilities. The increase in urban and rural areas: increase by 10,000 VND/student/month; in mountainous areas, increase by 5,000 VND/student/month (applied to secondary school level, other levels remain the same);

In the following years, it is expected that tuition fees will be adjusted up every 2 school years for all levels; For Vinh City area: the increase for 1 adjustment will be from 10,000 VND/student/month to 20,000 VND/student/month. If approved by the Provincial People's Council, it will be implemented in the 2nd semester of the 2016-2017 school year.

Representative of Nghe An Military Command presented draft Resolution on the number of Deputy Commanders of Commune Military Command and regimes for militia and self-defense forces.

The Provincial People's Committee also commented and approved the draft Resolution "on the number of deputy commanders of the commune-level military command and policies for the militia and self-defense forces in Nghe An province" to replace Resolution 45/2012/NQ-HDND dated April 20, 2012.

This time, the Provincial People's Committee will also give opinions on the draft submitted to the Provincial People's Council on amending and supplementing the price list of land types in Article 3 of Resolution No. 147/2014/NQ-HDND dated December 12, 2014 of the Provincial People's Council on approving the principles of valuation, maximum and minimum prices of land types and price list of land types from January 1, 2015 to December 31, 2019 in Nghe An province.

The time of investigation to determine land prices in 2014 to build the price list of land types from January 1, 2015 to December 31, 2019 in the province was the time when the real estate market price in the country in general and in our province in particular was in a period of stagnation, so in some locations and road sections, the prices were low. In 2015 and the first months of 2016, the country's economy was stable, in some locations, roads were expanded, accordingly, the common land prices in the market in these areas fluctuated higher than the regulated land prices.

Many opening routes have an impact on land price adjustment. Illustration: Chau Lan.

This draft has detailed pricing in planning areas and land adjustments due to changes in road openings or projects implemented in districts, cities and towns. In particular, in Vinh City, there are many adjustments with the lowest price of 1,700,000 VND/m2 on the alley road in Nghi Lien commune and the highest of 50,000,000 VND/m2 in some locations in Quang Trung ward.

Regarding the "Project on developing health care towards socialization, improving the quality of disease prevention, medical examination, treatment and health care for people in Nghe An province, period 2016 - 2020", the Provincial People's Committee assigned the Department of Health to adjust according to the comments of the committee members to submit to the next meeting.

Nguyen Nguyen

Many opening routes have an impact on land price adjustment. Illustration: Chau Lan.

This time, the Provincial People's Committee will also give opinions on the draft submitted to the Provincial People's Council on amending and supplementing the price list of land types in Article 3 of Resolution No. 147/2014/NQ-HDND dated December 12, 2014 of the Provincial People's Council on approving the principles of valuation, maximum and minimum prices of land types and price list of land types from January 1, 2015 to December 31, 2019 in Nghe An province.

The time of investigation to determine land prices in 2014 to build the price list of land types from January 1, 2015 to December 31, 2019 in the province was the time when the real estate market price in the country in general and in our province in particular was in a period of stagnation, so in some locations and road sections, the prices were low. In 2015 and the first months of 2016, the country's economy was stable, in some locations, roads were expanded, accordingly, the common land prices in the market in these areas fluctuated higher than the regulated land prices.

This draft has detailed pricing in planning areas and land adjustments due to changes in road openings or projects implemented in districts, cities and towns. In particular, in Vinh City, there are many adjustments with the lowest price of 1,700,000 VND/m2 on the alley road in Nghi Lien commune and the highest of 50,000,000 VND/m2 in some locations in Quang Trung ward.