Unusual “golden land” change in Nha Trang | Finance – Business

10/10/2020 Business



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A company was signed to invest in the construction of a road in Khanh Hoa province in the form of construction-transfer (BT), but the route passed through his real estate project. The companies are also “favored” by the province to exchange the “land of gold” between the city of Nha Trang.

In October 2015, the Khanh Hoa Provincial People’s Committee and VCN Investment Joint Stock Company (abbreviated VCN Company) signed a BT contract for the project of Highway 4 (the section of Highway 6 – 23), west of the Le Hong street. Phong, Nha Trang city, with a length of more than 3.1 km, investment capital of 200.9 billion.

Making 3.1 km of roads, changing more than 6 hectares of “golden land”

According to the contract, the Khanh Hoa Provincial People’s Committee will return the capital to the VCN company with an area of ​​3.86 ha in Nha Trang Urban Commercial, Financial and Tourist Center (the land of the old Nha Trang airport). ). In July 2017, the Khanh Hoa Provincial People’s Committee approved the liquidation of the BT project of Highway No. 4 (Decision No. 2094 / QD-UBND), with the value of the assets formed through the investment is 211 , 7 billion VND. However, due to the airport land fund being inspected, Khanh Hoa province has not been able to return the capital to investors.

In March 2020, the Khanh Hoa Provincial People’s Committee issued a decision to adjust Decision No. 2094, the value of assets formed through investment in 2017 was VND 211.7 billion, to 205.7 1 billion VND, 6 billion VND less. Because the airport land fund is unable to carry out BT’s agreement for the highway No. 4 project, VCN proposed to take other land for the settlement.

In June 2020, the VCN company sent a written request to the People’s Committee of Khanh Hoa province to pay the land fund to reimburse the BT project of Highway No. 4 with a land of more than 6 hectares in the warehouse from Binh Tan Port (Vinh Nguyen District, Ha Trang City). After that, the Khanh Hoa Provincial People’s Committee held a meeting to pay the value of the investment in the construction of road No. 4 in the form of BT to the VCN company.

Accordingly, the Khanh Hoa Provincial People’s Committee agreed on the policy to allow the review and study of the mentioned land, to make a land fund to pay the value of the investment in road construction No. 4. At the same time Keep in mind the investment project. Construction on this land must be in accordance with the provisions of the law and have all technical and social infrastructure works.

Acknowledging the fact, Binh Tan port warehouse land is located in a prime location along 4 road fronts (including: Truong Sa, Hoang Sa, Phuoc Long, Nguyen Lo Trach), close to the sea, it is considered the “golden land”. here. Some information says that the land in this area is priced at 70-80 million VND / m2two. With the previous land price, the land (more than 6 hectares) is returned to VCN, the loss of the state budget is not small.
Unusual exchange of

The Road No. 4 project invested with money from the budget, but the company benefited

Attachment “public – private”

And yet, according to the project design, Highway No. 4 has the widest road section of 22.5m, in which the vehicle runs 10.5m (5.25m / lane), curb 12m (6m each side). The purpose of the No. 4 highway project is to contribute step by step to complete and complete the transportation infrastructure system of the new urban area west of Le Hong Phong Street (Phuoc Hai District, Ha Trang City), and at the same time connect the interconnection. across the network to reduce the burden of traffic congestion. However, in fact, when it was put into operation, highway n. 4 has become the most expensive road in western Nha Trang urban areas when the price of land on both sides of this road is around 30-40 million VND / m2.

The purpose of the construction of highway n. 4 to connect interconnected by network is to reduce the traffic congestion load for the area, especially Le Hong Phong route, but due to the narrow firm (10.5m), the Traffic on Highway No. 4 appeared frequently .

Strangely, the highway n. 4 traverses 2 urban areas VCN Phuoc Hai and VCN Phuoc Long 1 urban area invested by VCN Company (!?). Khanh Hoa’s public opinion questioned: Why does the BT project go through urban areas of real estate companies, including the VCN company, but use the public budget to implement it? Real estate companies have to invest in the infrastructure system in that urban area, but why does Khanh Hoa province take public land (Binh Tan port warehouse) to repay infrastructure investment? of them, what specifically is 4th street?

“If the province takes the land fund on both sides of Highway No. 4 after its completion, it will be auctioned, not only will it pay more than 200.9 billion VND to invest in this highway, but it will also have a large surplus. Everyone can see but the provincial leaders cannot see it, ”according to one argument.




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