Handing over more than 79 thousand square meters of land to KEHIN Joint Stock Company to build social housing

Of which, the land area for building workers' housing of over 40,000 m2 is allocated in the form of State land allocation with land use fee collection and enjoys incentives of exemption and reduction of land use fee according to current regulations.

The remaining area is land for social infrastructure works; internal and external traffic land is allocated in the form of the State allocating land without collecting land use fees. After the investor completes the investment, it will be handed over to the locality and management agencies according to regulations.

Perspective angle of the social housing project in Cuong forest village invested by KEHIN Joint Stock Company.

For the land area for technical infrastructure construction (traffic land, green trees) allocated by the State without collecting land use fees, the Investor is not allowed to conduct business activities and must hand it over to the assigned unit for exploitation and operation after the investment and construction are completed according to the approved decision.

In case of use for business purposes, the competent state agency must approve the adjustment of the investment project and must switch to the form of land lease from the state according to the provisions of the law on land.

Require KEHIN Joint Stock Company to use land for the right purpose, location, and assigned boundaries, invest in construction according to approved investment schedule, and fully comply with legal regulations during the process of land use and project implementation.

Coordinate with local authorities to carry out land recovery, site clearance compensation, and complete documents to be allocated land by competent authorities for the remaining area according to regulations. Pay land protection and development fees for rice cultivation and other financial obligations on land (if any) according to regulations.

News and photos: Nguyen Khanh

Source: http://baovinhphuc.com.vn/Multimedia/Images/Id/128766/Handing over-79-nghin-m2-dat-to-Cong-ty-co-phan-KEHIN-xay-nha-o-xa-hoi