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Hanoi cancels two new urban projects

Authorities in Hanoi have suspended two new urban area projects in the outskirt district of Me Linh after they failed to complete appraisal procedures, allowing over 200 hectares to be recouped for other developments.

Authorities in Hanoi have suspended two new urban area projects in the outskirt district of Me Linh after they failed to complete appraisal procedures, allowing over 200 hectares to be recouped for other developments.

Hanoi cancels two new urban projects - 1

The Thanh Lam Urban Area project

The Me Linh-Dai Thinh and Thanh Lam-Dai Thinh projects cover 202 hectares in Me Linh District, around 30 kilometres from central Hanoi, with both invested in by the Housing and Urban Development Corporation.

According to Hanoi’s People’s Committee, both projects were previously approved for planning and had not yet carried out appraisal procedures for investment as regulated under the current law.

City authorities ordered relevant agencies to take over the two plots of land and ensure efficient land use.

The Me Linh-Dai Thinh urban new project covers an area of 136.6 hectares while the remaining project covers 53.1 hectares.

Source: dtinews.vn
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