HoREA: 61 projects in Ho Chi Minh City have no investment policy decision in 2020

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Ho Chi Minh City has many problems in project approval. Photo: Tuan Nguyen.

According to Ho Chi Minh City Real Estate Association (HoREA), in 2020 alone, the City Department of Construction has transferred 61 projects to the Department of Planning and Investment (DPI) to carry out investment policy decision procedures but no projects. Department of Planning and Investment has submitted to the City People’s Committee. The indicated reason is problems related to investment projects, real estate projects, housing with mixed land fund (including residential land, agricultural land, non-agricultural land, alternating land parcels by the State. management in the project).

In addition, HoREA also pointed out that the project, although not entangled with public land, “is” required by the DPI to request additional documents many times. Up to now, the Department has not yet submitted to the People’s Committee of Ho Chi Minh City to issue a decision on investment policy for the project, making it difficult for businesses.

The association believes that at present, these problems have been handled by the 2020 Investment Law and Decree 148 of the Government. Therefore, the Association requested the DPI to soon resolve the project documents sent by the Department of Construction to carry out the procedures for approving the project investment policy.

Due to the Law on Investment 2020, Construction Law (amended) 2020, Decree 148 of the Government has come into effect and there is a mechanism to handle and solve many problems about “investors”, “investors. “; on investment projects with mixed land fund; on the mechanism of handling the State-managed land plots interspersed in the investment project … The Association suggested the People’s Committee of Ho Chi Minh City consider and soon issue the Construction investment process for commercial housing projects. commercial, includes 4 steps.

Step 1 is to prepare the procedures for the written approval of investment policies ”in accordance with the Law on Investment 2020.

Step 2 is to elaborate a detailed planning of 1/500 scale or reach agreement on the master plan of the project architectural works, according to the provisions of the Law on Urban Planning.

Step 3 is the parallel and continuous implementation of the following administrative procedures:

Formulate procedures for land allocation and land use purpose change according to the provisions of the Land Law; Investor recognition, investment approval; Basic design appraisal; Granting a construction permit and starting construction; Preparing procedures for determining financial obligations and investors paying land use fees.

Step 4 is to set up procedures to issue a land use right certificate to the investor; Granting Certificate (pink book) to customers who buy houses in commercial housing projects.

Currently, according to the General Report of the Department of Construction, the total time to carry out the procedures for investment in the construction of commercial housing projects is 247 working days, equivalent to 50 weeks, equivalent to 1 year, excluding public holidays, New Year. The total time above does not include the time for implementing administrative procedures at the Department of Natural Resources and Environment, the Department of Finance, the Office of the City People’s Committee, the Tax Department (because these agencies have not reported). In order to properly implement the spirit of administrative procedure reform, one-stop shop, the Association asked the City People’s Committee to direct relevant departments and branches to determine the timing of the steps (above).

Source: ndh.vn – Translated by fintel.vn