Binh reported to the Hanoi People’s Council that under the prime minister’s assignment, the city authorities and the Ministry of Construction reviewed 744 construction plans and investment projects, totalling more than 75,000ha of land. Half of them are real estate projects.
The official said that the Hanoi People’s Committee will make public the inspection results of construction plans and investment projects in expanded Hanoi in June.
A deputy of the Hanoi People’s Council, Pham Thi Loan, asked: “What criteria will the city apply to determine which projects will be implemented, which will be amended and which brought to an end?”
Other questions are: As the city doesn’t have a comprehensive construction plan yet, what will be the foundation for it to licence projects? How will the city compensate investors for projects that will be halted?
