Construction of urban underground works in Vietnam for business purposes: Land rents are required

According to Article 5 of Decree No. 39/2010/NĐ-CP of Vietnam’s Government, the use of land for construction of urban underground works (excluding underground sections of works built on the ground surface) complies with the following provisions:

- Domestic and foreign organizations and individuals that are leased land by the State shall pay land rents for cases of construction of urban underground works for business purposes;

- Domestic and foreign organizations and individuals that arc leased land by the State will be considered for land rent exemption or reduction, for cases of construction of urban underground works for non-business purposes.

Besides, it should be noted that the use of land for the construction of urban underground works must conform to urban planning and land use planning approved by competent authorities.

Provincial-level People's Committees shall decide to permit domestic organizations or foreign organizations and individuals to use land for the construction of urban underground works according to regulations.

The Ministry of Natural Resources and Environment shall assume the prime responsibility for, and coordinate with concerned ministries and sectors in formulating mechanisms for management and use of land for the construction of urban underground works, and submit them to the Prime Minister for decision.

View more details at Decree No. 39/2010/NĐ-CP of Vietnam’s Government, effective from July 30, 2010.

Nguyen Phu

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