Commercial housing and social housing projects have investment procedures removed.

The procedural bottlenecks of approving investment policies at the same time as approving investors have been resolved, helping project investors to have more convenience in completing procedures - Photo: NGOC HIEN

The Government has just issued Decree No. 115 detailing a number of articles and measures to implement the Law on Bidding and the Law on Land on selecting investors to implement investment projects using land, in which it has amended, supplemented and abolished a number of articles of a number of decrees under the state management of the Ministry of Planning and Investment .

In Clause 5, Article 68 of Decree 115, Point c, Clause 7, Article 31 of the Decree was amended and supplemented with the following content: "For urban planning, the appraisal content must include an assessment of the conformity of the investment project with the zoning plan; in case the project is proposed in an area where a zoning plan is not required according to the provisions of the law on urban planning or the zoning plan must be adjusted and has not been approved by a competent authority, the conformity of the investment project with the general plan must be assessed."

This regulation will remove the obstacles and bottlenecks that have been plaguing the country for many years regarding procedures for approving investment policies for social housing projects, commercial housing projects, and investment projects using land for accommodation purposes such as serviced apartments, officetels, condotels , etc.

Previously, Decree 31 stipulated the assessment of the conformity of investment projects with planning when carrying out procedures for approving investment policies at the same time as approving investors, but required that for urban planning, the assessment content must include an assessment of the conformity of the investment project with detailed planning (if any), zoning planning (if any). In case the detailed planning and zoning planning have not been approved by competent authorities, the assessment of the conformity of the investment project with the general planning must be carried out.

According to real estate businesses, this is a regulation that makes it impossible for 100% of social housing projects and most commercial housing projects to meet this requirement from 2021 until now when businesses must comply with Decree 31.

As a result, in 2021 in Ho Chi Minh City, only 7 commercial housing projects were approved for investment policy at the same time as investor approval, in 2022 only 2 commercial housing projects were approved, and in 2023 only 2 commercial housing projects were approved. Along with that, no social housing project was approved for investment policy at the same time as investor approval.

Talking to Tuoi Tre Online , the director of a real estate company in Ho Chi Minh City said that if they do not receive the decision approving the investment policy at the same time as the investor approval, the company will not be able to continue with the procedures for approving the detailed planning at a scale of 1/500 at the Department of Planning and Architecture or the procedures for land allocation, land lease, land use fee calculation, and land rental at the Department of Natural Resources and Environment afterwards.

Source: https://tuoitre.vn/cac-du-an-nha-o-thuong-mai-nha-o-xa-hoi-duoc-go-vuong-thu-tuc-dau-tu-20240921112818835.htm