HCMC withdraws land allocated for payment of BT projects

HCMC withdraws land allocated for payment of BT projects

Ho Chi Minh City People’s Committee has assigned the Department of Natural Resources and Environment to consult the city about withdrawal of land plots allocated for payment of BT (Build-Transfer) projects, inform investors of the withdrawal and propose other suitable land plots to make payment for BT projects.
The approach road to Phu My bridge has been invested under BT form in HCMC (Photo: SGGP)

HCMC temporary halts all BT projects under negotiation

Chairman of the HCMC People’s Committee Nguyen Thanh Phong yesterday required to temporarily halt all BT (Build-Transfer) projects under negotiation until the city builds a closer management process.