Do the Management Boards of high-tech parks have the authority to allocate or lease land in Vietnam?

Do the Management Boards of high-tech parks have the authority to allocate or lease land in Vietnam? (Image from the Internet)

According to Clause 37, Article 2 of Decree 01/2017/ND-CP stipulating the land management responsibilities of the Management Boards of high-tech parks:

- Cooperating with land clearance and compensation organizations in providing compensation, support and resettlement;

- Presenting to provincial People’s Committees the decisions on collection of land rent and on reduction or exemption of land rent for each project;

- Expropriate land parcels rented out or allocated when land users violate the legislation on land pursuant to Point a, b, c, d, e, g and i, Section 1, Article 64 of the Land Law; or when land users terminate their land use lawfully or return the land parcels voluntarily pursuant to Point a, b, c and d, Section 1, Article 65 of the Land Law. Land rent, properties attached to land and remaining cost of investment in land shall be handled in a manner similar to that of the government’s expropriation of land pursuant to the legislation on land;

- Managing the land expropriated in the events prescribed in Point c of this Section;

dd) Deciding to re-allocate land without land use fee to land users in the high-tech parks under the circumstances defined in Section 2 and Section 3, Article 54 of the Land Law; deciding to extend the duration of land use at the end of the duration of land allocation or land lease in accordance with the duration of the investment projects;

- Stipulating the administrative procedures for land in the high-tech parks;

- Sending the decisions on land re-allocation, land lease, land use extension, cadastral map extraction or cadastral measurement extraction to the land registration offices that register information into cadastral records, update the land database and report to the authorities competent to certify land use right with or without ownership of house and properties attached to land.

=> Thus, according to the above regulations, the Management Boards of high-tech parks have the authority to allocate and lease land in accordance with investment projects in the high-tech parks.

Above is our consulting content.