Ba Ria - Vung Tau plans to auction 7 land plots in 2024

Accordingly, there are 6 land lots scheduled for auction in 2023, but due to delays in approval and problems in determining the starting price, they were not implemented in time for the year. Therefore, there has been a plan and proposal to move to implementation in the second quarter of 2024. With 14 land lots scheduled for auction in 2024, so far only the auction plan for 3 land lots has been approved, the auction decision for 1 land lot has been approved, and 2 land lots are under consideration for approval.

During the review process, the Department of Natural Resources and Environment found that there was only one land plot that had no problems with land, planning, construction, connecting infrastructure... ensuring conditions for the investor to implement the project immediately after winning the auction.

Thus, out of a total of 20 land plots, only 7 land plots meet the conditions of infrastructure, planning, and land, including: The old tourist market land plot; Nghinh Phong Cape; The land plot in Ward 11 (recovered from Vung Tau International Ideas and Initiatives Co., Ltd., Vung Tau City); Long Hai Seafood Warehouse; The land plot recovered from Sugarcane Corporation II; The land plot recovered from Thanh Chi Joint Stock Company in Long Hai Town, Long Dien District, and the 1.7ha land plot in Phu My Ward, Phu My Town.

Ba Ria Vung Tau plans to put 7 land areas into investment in 2024, picture 1 — Nghinh Phong Cape is one of the plots of land expected to be put up for auction.

The Department of Natural Resources and Environment has proposed that the Provincial People's Committee only include the 7 above-mentioned land plots in the 2024 auction plan because they have met the legal conditions on land, planning, construction, connecting infrastructure, and have had a decision approving the investment policy.

The Department of Natural Resources and Environment of Ba Ria - Vung Tau province said that for land plots with insufficient data, it is necessary to determine the starting price to apply the comparison method and the surplus method. At the same time, it is recommended that the People's Committee of Ba Ria - Vung Tau province recommend the Ministry of Natural Resources and Environment to specify the rate of price adjustment due to the different factors of the land plots compared to the land plot to be valued, as a basis for implementation.

If the above proposal is still not approved, the Provincial People's Committee is requested to change the form of land use from the approved "one-time land lease payment" to "annual land lease payment" in order to determine land prices according to the land price adjustment coefficient method.

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