Approval authority for investment in new urban area projects in Can Tho

22:08, 11/07/2024

Decree 103/2018/ND-CP was promulgated on August 7, 2018, stipulating several specific mechanisms on investment, finance, budget, and management decentralization for the city of Can Tho.

One of the notable points in this Decree is the regulation on the authority to approve investment for new urban area projects, accordingly:

- The Government of Vietnam authorizes the People’s Committee of Can Tho City to decide on the investment approval for new urban area construction projects with a scale from 100 ha to under 200 ha, ensuring that these investment projects comply with the Master Plan for Construction, as well as land use planning and plans.- The City People's Committee must agree with the Ministry of Construction before approving the investment decision.

Refer to the related regulations in Decree 103/2018/ND-CP effective from October 10, 2018, repealing Decision 42/2006/QD-TTg on certain preferential financial-budget mechanisms for Can Tho City.

- Thao Uyen -

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