According to the Decision, the City People's Committee leased 107,664.3m² of land to Minh Ha Investment Company Limited in Nghia Huong Commune, Quoc Oai District, which has completed site clearance as confirmed by the Quoc Oai District People's Committee. The location, boundary, and area of the land for project implementation are determined on the master plan map of land use, scale 1/500, prepared by Vietnam Architecture Design Consulting and Investment Joint Stock Company in 2023, approved by the Quoc Oai District People's Committee; the coordinate map of the boundary marker was handed over by the Department of Natural Resources and Environment (now the Hanoi Department of Agriculture and Environment) on November 9, 2021 with the land use term from the date the City People's Committee signed the land lease decision until June 26, 2070 and there was no auction of land use rights, no bidding to select investors to implement projects using land according to the provisions of the 2024 Land Law.
The form of land lease for the project is that the State leases land and pays annual land rent; in which the land area for infrastructure construction is used in common in the industrial cluster according to the approved master plan. Minh Ha Investment Company Limited does not have to pay land rent according to regulations. For the industrial land area for business and sublease, Minh Ha Investment Company Limited is exempted from land use fees during the basic construction period according to the approved project, but not exceeding 3 years from the date of the land lease decision.
Minh Ha Investment Company Limited is responsible for fulfilling financial obligations, signing land lease contracts. Carrying out procedures for applying for land use right certificates, building infrastructure, applying for construction permits; construction in accordance with planning, on schedule, for the right purpose and without affecting the irrigation system.
Previously, at the end of 2024, Minh Ha Investment Company Limited coordinated with the People's Committee of Quoc Oai district to organize the groundbreaking ceremony for the project. However, due to the lack of land allocation, this industrial park has not yet been implemented...
Source: https://hanoimoi.vn/cong-ty-tnhh-dau-tu-minh-ha-thue-hon-107-600m-dat-xay-dung-cum-cong-nghiep-tai-huyen-quoc-oai-706803.html
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