The Department of Construction was assigned by the Ho Chi Minh City People's Committee to preside over and coordinate with relevant agencies and units to review and advise the Ho Chi Minh City People's Committee on the implementation of Resolution 17. In Clause 2, Article 3, Resolution 17 stipulates that the Department of Construction is the agency allocated a budget estimate from the regular expenditure capital of the City budget to implement this mechanism. Therefore, in order to have a basis for implementing Resolution 17, the Department of Construction recommends that the Ho Chi Minh City People's Committee give its opinion to direct the Ho Chi Minh City People's Committee Office to post Resolution 17 on the City's Electronic Information Portal so that organizations can participate in the implementation.
At the same time, the Ho Chi Minh City People's Committee assigned the Department of Finance to preside over and guide the Department of Construction as the agency to arrange budget estimates using regular expenditure capital from the City budget to implement the mechanism according to Resolution 17.
The Department of Construction recommends that the People's Committee of Ho Chi Minh City assign the People's Committees of wards with apartment buildings built before 1994 in Ho Chi Minh City to inform organizations and individuals in locations and areas with apartment buildings subject to renovation and reconstruction in their management areas to implement Resolution 17 so that organizations and individuals can participate.
According to Resolution 17, investors in projects to renovate and rebuild apartment buildings in accordance with this resolution will be supported with 50% of the cost of constructing technical infrastructure works within the scope of the project but not exceeding 10 billion VND/project; supported with 50% of the cost of relocation and forced relocation according to the decision of the Housing Law....
According to a report from the Ho Chi Minh City Department of Construction, currently, in Ho Chi Minh City, there are 42 apartment buildings built before 1992 that need to be renovated and rebuilt.
Source: https://www.sggp.org.vn/tphcm-trien-khai-co-che-uu-dai-khi-cai-tao-xay-dung-lai-chung-cu-cu-post811457.html
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