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HCM City looks at suspended property projects
Several property development projects suspended in recent years had negative impacts on the living conditions of residents around them, the sixth meeting of the HCM City People's Council was told yesterday.
Speaking at the opening session, Nguyen Thi Quyet Tam, deputy secretary of HCM City's Party Committee and chairwoman of the Council, said the establishment, implementation and management of the city's urban development programme had affected the population in many ways.
During the two-day meeting of the People's Council, delegates will discuss ways to allievate this negative impact and help stabilise people's lives.
They will also consider the feasibility and progress of certain projects as well as adjustments to urban-planning scheme until 2025, which has been approved by the Government.
The 1/2000 ratio programming map and the regulations for management of the existing city's centre will also be on the agenda.
According to figures released by HCM City People's Committee, the city is forecast to have about 10 million people by 2025, plus some 2.5 million non-residents with temporary stays of under six months.
The city's total population would be 7-7.4 million residents in inner districts and 2.6-3 million in suburban districts.
With such a population, the city is expected allocate 90,000-100,000 hectares for construction, with 49,000 hectares in inner districts, and 40,000 to 50,000 hectares in suburban districts.
Of the 882 housing projects that have been licensed in the city, investors have completed land hand-overs, site-clearance compensation and infrastructure development for 785 projects.
More than 50 per cent of the compensation needed for site clearance has been completed for 45 projects. Fifty-two projects have completed less than 50 per cent of the compensation for site clearance.
Most of the 1,143 property projects to develop warehouses, office buildings and business centres have completed compensation for site clearance. According to the city People's Committee, most delays in compensation for site clearance are projects that are funded from the State budget.
vietnamnews
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