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The State allocates land to implement investment projects as a mechanism that contributes to promoting economic development and effective land use in Vietnam. This process not only creates conditions for investors to implement projects but also ensures transparency and fairness in the management and use of land resources. Please follow this article by Long Phan, we will provide you with the latest regulations related to land allocation to implement investment projects according to the Land Law 2024.
Pursuant to Clause 1, Article 123 of the Land Law 2024, it is stipulated that the agency with the authority to decide on land allocation to implement investment projects is the Provincial People’s Committee.
According to Clause 2, Article 122 of the Land Law 2024, specific conditions are specified for land allocation when implementing investment projects. These conditions are intended to ensure the investor’s capacity to carry out the project. Compliance with the conditions contributes to improving land use efficiency. Specifically, these conditions include:
Determining the time of calculating land use fees is one of the regulations in land management to ensure transparency and fairness in the land use fee collection process. This regulation is specifically stipulated in point a, clause 3, Article 155 of the Land Law 2024. Specifically, the time to calculate land use fees when the State allocates land is the time the State decides to allocate land.
Long Phan is proud to be a professional consulting and support unit in the field of land and investment consulting. With high experience and expertise, Long Phan will comprehensively support customers in implementing investment projects using land. Consulting and support services at Long Phan include:
The allocation of land by the State is one of the factors for investment projects. To ensure this process goes smoothly and complies with legal regulations, Long Phan provides customers with optimal and highly effective consulting solutions. Please contact Long Phan immediately via the hotline: 0906735386 for detailed advice and timely support for the success of your investment project.
Note: The content of the articles published on the website of Long Phan Investment Consulting Company is for reference only regarding the application of legal policies. Depending on the time, subject, and amendments, supplements, and replacements of legal policies and legal documents, the consulting content may no longer be appropriate for the situation you are facing or need legal advice on. In case you need specific and in-depth advice according to each case or incident, please contact us through the methods below. With our enthusiasm and dedication, we believe that Long Phan will be a reliable solution provider for our clients.
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