The HCMC government will offer households located on 4.3 hectares of land outside the approved boundaries of the Thu Thiem New Urban Area development project land lots with the same value as their original land lots, announced the head of the HCMC People’s Committee Office, Vo Van Hoan.

A view of Thu Thiem New Urban Area project in HCMC's District 2 

At the municipal government’s press briefing today, November 1, Hoan said the city is working on a plan to compensate households affected by the project, especially those whose land is located in a 4.3-hectare area wrongly redeemed by former authorities.

The plan includes compensation and resettlement support policies for households outside and within the project’s boundaries and policies to support those ineligible to live in the resettlement area.

As for households within the boundaries of the Thu Thiem New Urban Area project, the city will review legal procedures and handle resident's complaints. Next week, HCMC Chairman Nguyen Thanh Phong will meet with these households, Hoan confirmed.

Meanwhile, residents who have been living in the resettlement area will only have to pay the land use fees and construction costs. The city will exempt them from other fees, stated Hoan.

The municipal authorities will also organize dialogues with Thu Thiem residents to announce the project’s boundaries.

Hoan pledged that the affected residents would no longer be put at a disadvantage.

In addition, disciplinary action will be imposed on individuals and organizations deemed responsible for the shortcomings and violations seen during the project’s execution this month, based on the conclusions of the Government Inspectorate.

The Government Inspectorate, the Ministries of Construction and Natural Resources and Environment and the HCMC government are reviewing and addressing 64 projects approved in the planning zone of the Thu Thiem New Urban Area project.

At the press conference, Hoan also noted that the municipal government would take back 5,000 square meters of land lots on Le Duan Street in District 1, which had been sold illegally.

The city is determined to recall the land despite the possible lawsuit by Lavenue Investment JSC, the investor of projects on the affected land.

Nguyen Toan Thang, director of the municipal Department of Natural Resources and Environment, stressed that the department is consulting with the Department of Justice on the issuance of legal documents on the case.

The Government Inspectorate had earlier concluded that the HCMC government had illicitly sold the 5,000-square-meter land on Le Duan Street in District 1, a prime location, to a private enterprise, causing losses of trillions of Vietnamese dong for the State budget.

The Government Inspectorate proposed taking back the site and handing down penalties to those responsible in the HCMC government, the relevant agencies and enterprises caught violating the law.

Dtinews