Principles for Contract Signing for Investment Projects Using Land

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Could you please tell me, according to the provisions of the Decree guiding the selection of investors that will take effect in the near future, what principles will the signing of contracts for land-use investment projects be based on?

According to Clause 1, Article 59 of Decree 25/2020/ND-CP (effective from April 20, 2020), the signing of contracts is based on the following principles:

- The proposed winning bid value is the contract value, serving as the basis for contract implementation and supervision.

- Land use fees and land rent must be paid as determined by land law regulations plus the amount contributed to the state budget by the successful investor, recognized as the market price at the time of land allocation or land lease in the contract.

Sincerely!

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