That was announced by Long Thanh district People’s Committee deputy chairman Ngo The An at meeting hosted to review the province’s socioeconomic conditions in the first half 2017 in Bien Hoa city yesterday.
Replying to Sai Gon Giai Phong reporter’s query about land price rocket in areas surrounding Long Thanh airport, Mr. An, authorized by deputy chairman of the provincial People Committee Nguyen Hoa Hiep, admitted that the land price increase is real.
It has been caused by the airport and traffic infrastructure development in areas leading to the project such HCMC-Long Thanh-Giay Giay expressway, which has also affected land prices in the eastern part of the city such as Districts 2 and 9.
The land price rocket is also been due to clearer than before land policies.
Increasing land price is feared to expand the difference between market price and compensation prices and raise difficulties in state management and compensation later on.
Therefore, the province has speeded up the project’s progress. On August 9, it organized a meeting with the steering board on compensation and site clearance to complete the feasibility report of the project.
The report will be sent to the Ministry of Transport before August 20 and submitted to the Prime Minister afterwards.