Accordingly, Decree No. 115/2024 details investment projects using land that must be organized for bidding to select investors according to the provisions of the law on land, divided into 2 groups.
The first is the investment project using land as prescribed in Point a, Clause 1, Article 126 of the Land Law. These are investment projects to build urban areas; rural residential area projects.
The second is an investment project using land as prescribed in Point b, Clause 1, Article 126 of the Land Law (Projects under the law on management of sectors and fields).
Specifically, including investment projects in the construction of domestic solid waste treatment facilities, water supply facilities, market construction investment, rest stop construction investment, and aviation service construction investment at airports.
Investment projects in the fields of education, health, culture, sports, and environment are subject to bidding according to the provisions of the law on encouraging socialization when two or more interested investors register to implement them.
Investment projects in the construction of social housing; investment in the renovation and reconstruction of apartment buildings; investment in the construction of housing for the people's armed forces that must be organized for bidding according to the provisions of the law on housing when two or more interested investors register to implement.
Investment projects in horse racing and dog racing, including horse racing and dog racing betting business activities that must be organized for bidding, dog racing and international football when there are 2 or more interested investors registering to implement, have been approved by the Prime Minister in principle.
An investment project to construct an energy project that must be bid according to the provisions of the law on electricity when two or more interested investors register to implement it.
Other projects falling under the provisions of Article 79 and Point b, Clause 1, Article 126 of the Land Law.
An area in Ho Chi Minh City (Photo: Trinh Nguyen).
According to Lawyer Pham Thanh Tuan, along with Decree 23/2024 stipulating that the selection of investors to implement projects must be organized through bidding according to the law on industry and sector management, Decree 115/2024 has a legal mechanism for selecting investors in all areas of social infrastructure, especially the real estate sector.
This will overcome the legal "gaps" when there is a lack of a process for selecting investors for projects according to the laws governing sectors and fields in the previous Decree 25/2020.
Source: https://dantri.com.vn/bat-dong-san/doanh-nghiep-dau-tu-du-an-su-dung-dat-nao-bat-buoc-phai-tham-gia-dau-thau-20240920093436514.htm
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