State audit finds land mismanagement worth 368.8 mln USD
Audits by the State have found serious mismanagement of urban land worth more than 8.3 trillion VND (368.8 million USD) at seven localities between 2013 and 2016.
State audits have found serious mismanagement of urban land worth more than 8.3 trillion VND (369 million USD) in seven localities between 2013 and 2016, including Hanoi and HCM City (Photo: nld.com.vn)
Hanoi (VNA) - Audits by the State have found serious mismanagementof urban land worth more than 8.3 trillion VND (368.8 million USD) at sevenlocalities between 2013 and 2016.
According to a report of the State audit, the authorities of Hanoi, HCM Cityand three provinces of Binh Duong, Dong Nai and Lao Cai, together with Cam Ranhtown in KhanhHoa province and Sam Son city in ThanhHoa province, had committedwrongdoings in land use and management.
The State audit reported that the approval or adjustment of land projects inthose localities were of “weak quality” as many of the projects failed to meetexpectations and were not developed based on the locality’s urban masterplan.
The projects were mostly found to have illegally increased the number of floorsand apartments, which led to a hike in the population density in the areas,causing huge pressure on transportation, health care and education, the reportsaid.
Authorities in those localities also failed to organise land auctions andinstead hand-picked investors to hand over land for investment.
The State audit report has asked the government to collect more than 8.3trillion VND as extra land fee of the audited projects.-VNA
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State audits have found serious mismanagement of urban land worth more than 8.3 trillion VND (369 million USD) in seven localities between 2013 and 2016, including Hanoi and HCM City (Photo: nld.com.vn) 
