Hanoi stipulates compensation for renovation of apartment buildings
Owners of apartments to be renovated will be compensated with a property twice the size of their current home.
Owners of apartments to be renovated will be compensated with a property twice the size of their current home.
A $5.3 million package for the appraisal and reconstruction of dilapidated apartments is expected to be disbursed soon.
The project, invested by An Phat Holdings, is considered the largest green materials factory in Southeast Asia.
By 2050, Vietnam would have a network of 25 railway routes with a total length of 6,354 kilometers.
The new policies on rebuilding decaying condominiums have prompted investors to look for old apartments in anticipation of greater returns when they are rebuilt.
Newly-appointed ministers are expected to stand shoulder to shoulder with Prime Minister Pham Minh Chinh to promote the country's socio-economic growth.
The construction is expected to be completed in 20 months and operational in 2022, serving both military aviation and civil aviation.
The road is about 1.3 kilometers long, with a total investment of VND342 billion (US$14.7 million).
Foreign contractors will play an increasingly important role over the next decade, as the new PPP Law signals the government’s intention to attract more private sector investments.
The government should work harder to arrange funding and compensation for site clearance to accelerate the construction of the Vietnam National University campus in Hoa Lac.