A series of slow-progressing real estate projects are asking for extensions.

Why are so many projects behind schedule?

According to the Office of the People's Committee of Dien Ban Town ( Quang Nam Province), Mr. Nguyen Xuan Ha, Vice Chairman of the People's Committee of the town, had a working session to resolve the issue of giving opinions on extending the progress and adjusting the approval of investment policies of many real estate projects.

It is known that Mr. Ha listened to project investors report and propose to extend project implementation progress.

In which, Phu Gia Thinh Company Limited, Quang Nam Smart Urban Development Company Limited, VN Da Thanh Group Joint Stock Company, Dat Quang - Quang Nam Urban Development Investment Joint Stock Company, Dien Ban Construction Investment Joint Stock Company, Nam Tien Real Estate Joint Stock Company and Vina2 Construction Investment Joint Stock Company, Vinaconex 25 Joint Stock Company are the investors of residential and urban area projects in Dien Ban town: My Gia Urban Area, Tan Khang Urban Area, Thong Nhat Residential Area - Phase 1, Ha Quang Residential Area, Ngoc Vinh Residential Area, Ngoc Duong CoCo Urban Area, Ha Dong Residential Area, Thien An Urban Area.

Up to now, the time to implement the projects has expired but the investors have not been able to complete the projects and put them into operation. In particular, the Ha Dong Residential Area project is only at the stage of detailed planning 1/500.

Thien An urban area is asking for an extension of progress.

According to the report of the Investor and the Land Fund Development Center, the delay in project progress is due to many subjective and objective reasons, in which the main reason is that site clearance is facing many difficulties and obstacles.

Households do not agree on compensation, support and resettlement policies according to the approved plan; policies and regulations on compensation change...

Therefore, in the spirit of consensus of the members attending the meeting, in order to create conditions for the Investor to have a basis to carry out the next procedures to complete the projects, the Town People's Committee unanimously requested the Department of Planning and Investment to advise the Provincial People's Committee to extend the progress, adjust the approval of the investment policy of the projects and this is the final extension and adjustment.

Clearly identify the project completion capacity of investors

In order to have a basis for giving opinions on extending the progress and adjusting the approval of investment policies for projects, the Town People's Committee requests the Town Land Fund Development Center to preside over and coordinate with relevant sectors, units, localities and investors to clearly report on the objective and subjective causes (of the investor) for the delay in compensation and site clearance in the recent past; the period of time stuck in compensation and site clearance; the ability to compensate and clear the remaining area, and the support of the community in site clearance.

These units have opinions on the responsibilities, capacity, and coordination of project implementation of investors; at the same time, commit to the time frame for completing compensation and site clearance of the project. The completion time is before July 2.

Ha Quang residential area.

Project investors are requested to proactively coordinate with the Land Fund Development Center to implement the above content. At the same time, coordinate with relevant departments and units to study and propose plans to adjust planning and renovate projects (if any) for areas where land clearance is not possible.

Based on the comments of the meeting participants, the report of the Land Fund Development Center and the investor, the Urban Management Department is assigned to advise the Town People's Committee to send a written opinion to the Department of Planning and Investment on the extension of progress and adjustment of investment policy approval of projects as required by the Department of Planning and Investment. Report to the Town People's Committee in writing (with related documents) before July 5.

In case the projects are agreed by the People's Committee of Quang Nam province to extend the progress and adjust the investment policy approval, the Investors are requested to develop a specific progress plan for the implementation of the remaining work at the project until completion, at the same time, focus resources including human resources and finance, closely coordinate with the Land Fund Development Center, functional departments of the town and locality to carry out related procedures to complete the project according to the committed schedule.

“While waiting for the provincial People's Committee's policy on extending the progress and adjusting the approval of investment policies for projects, we request that sectors and localities support investors in carrying out procedures for examining land origin, determining land type, recognizing land area, registering land use plans, etc. in order to facilitate the acceleration of site clearance for projects, ensuring the completion of projects on schedule as committed,” Mr. Ha requested.

Source: https://www.nguoiduatin.vn/quang-nam-loat-du-an-bat-dong-san-cham-tien-do-dang-xin-gia-han-a670653.html