Land use right auction for investment project
  
Thua Thien Hue Management Board of Economic and Industrial Zone

(Pursuant to the official paper No. 3636/UBND-XD dated July 17th, 2008 of the People's Committee of Thua Thien Hue province)

STEP 1: PRE-QUALIFICATION

- Based on the list of projects calling for investment, investors send Project Research Registration Form to the provincial People's Committee (hereinafter referred as PPC) and Department of Investment and Planning (form provided).

- The PPC holds a meeting in which investors present investment ideas (no more than 07 working days since the registration form is submitted).

- The PPC provides paper indicating that investors are allowed or not allowed to research the investment project (no more than 02 days after the meeting was held).

Note: The PPC may allow many investors to research the investment project in one location at the same time. After the announced due day, no Project Research Registration Form is accepted.

- Investors research the investment project: After the announced due day, investor must submit the investment project report.

- Investors submit the report (appendix attached) to the PPC, Department of Investment and Planning, Department of Finance, Department of Construction, Department of Natural Resources and Environment and the People's Committee of the district where the project is deployed.

- The PPC holds a meeting in which investors shall report project proposals, investor's capacity and relevant contents (no more than 07 days after the report on researching the investment project is submitted).

- The PPC delivers the final conclusion of investor's capacity and project proposal (no more than 02 days after the meeting is held).

STEP 2: SELECTION   

- The land use right auction is organized by Thua Thien Hue Land Auction Council in accordance with the Regulation on land use right auction issued by the PPC (no more than 05 days after PPC conclusion for the last investor is issued) to allocate fee-required land or lease land; report the result to the PPC and Auction Council for investor selection.

- The Land Auction Council selects investors, reviews the entire investor selection process, assesses and submits to the PPC for land use right auction approval before allocating the land to the investor (no more than 5 days after the auction is held).

- The PPC approves the result of land use right auction (no more than 03 days since the report of Auction Council is submitted).

- Investors approved by the PPC shall submit the following documents i.e. project implementation commitment which equals to 2% of the minimum investment amount and is not lower than VND 500 million and not over VND 3 billion to the Auction Council (no more than 30 days since the land use right auction result is approved by the PPC). The commitment is required to be valid until 70-80% of the project is deployed.

- For Investment Certificate-required project, investors winning the land use right auction shall complete procedures as regulated and submit to Department of Investment and Planning for assessment. Then, Department of Investment and Planning shall submit the PPC for granting Investment Certificate.

STEP 3: PROJECT DEPLOYMENT

Within 12 months since the auction result is approved and the Investment Certificate is granted, investors shall work with relevant competent agencies to complete documents related to investment deployment and ensure conditions for project commencement. Major works are listed below:

- Detail construction planning (if any): investors work with the management agencies that are in charge of construction and planning (Department of Construction, district-level People's Committee).

- Building and approving the investment project.

- Assessing basic design: investors submit the basic design to Department of Construction who later chairs the assessment session.

- Submitting land use and land lease fee: investors work with Department of Finance.

- Land retrieval, land allocation and land lease; the approval of the report on assessing environmental impact: investors work with Department of Resources and Environment.

- Construction permit (if any): investors contact the management agency which is in charge of granting construction permit (Department of Construction, district-level People's Committee).

Attach file
STT File name Download
1 Land use right auction for investment project ()
thuathienhue.gov.vn
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