CENTRAL PROVINCES SHALL REDUCE ONE-OFF LAND USE RENTAL PAYMENTS FOR WHOLE LAND LEASE TERMS
Central provinces shall need to reduce cases where land lessees are allowed to make one-off land use rental payments for whole land lease terms is the content in the Directive No. 27/CT-TTg on solutions to promote growth and sustainable development of Central Vietnam of the Prime Minister on November 19, 2019.
In addition, People’s Committees of the provinces and cities in the region shall develop economic zones, hi-tech parks, high-added value processing and manufacturing industry zones and eco-industrial parks; invest in expanding airports, including international airports, with private sector’s investment in accordance with current regulations.
At the same time, those provinces shall implement land use rights auction, especially in urban centers, in strict accordance with law in order to create resources for infrastructure investment and foundations for promoting regional connections, socio-economic development and convenient mass transit.
