HCMC: New Civil Construction Regulations Take Effects

Panorama view of Ho Chi Minh City. A new set of unit prices for civil construction will be extensively applied in HCMC. (Photo: H.U.)

A new decision on unit prices of civil construction in Ho Chi Minh City became effective on July 24, 2006. For special construction projects, the Department of Construction was authorized to devise a special set of unit prices.

The set, in this regard, will be finalized within 6 months and extensively applied in Ho Chi Minh City by the City People's Committee, after having an agreement with the Ministry of Construction.

In order to deal with the fluctuation of prices, the Department of Construction will have to initiatively provide the unit price adjustment based on the Government’s regulations. In addition, the city People's Committee can issue a new set of unit prices for civil construction.

Reported by H. Nh. – Translated by Hoang Uy

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