Investment project using land must be made in a list, approved, published to select investor in accordance with laws.
Proposal to take the project into the list is made by the departments, branches, district-level people’s committee or investor.
Proposal to take the project into the list include: Name of the project, location, area of the land plot, investment target, investment scale, requirement for the project under relevant regulations, estimated investment capital, investment schedule.
HAPI shall take lead and co-operate with the Hanoi Authority For Urban Planning & Architecture; Department of Natural Resources and Environment, Department of Finance, department of specialized sector and relevant district-level people’s committee to check, summary list of project satisfying conditions and submit to Hanoi People’s Committee to made the decision on approval of list of project to select investor.
Within 10 days as from the date that Hanoi People’s Committee approve the list, HAPI takes responsibility to announce the list of projects to select investor in Bidding newspaper in 03 consecutive days and Hanoi’s Portal – hhtp://www.hanoi.gov.vn/ and HAPI’s website – hhtp://www.hapi.gov.vn/.
In case that the project is proposed by an investor, after 30 days as from the date of announcement, if having no other investor interested in investment at the location, Hanoi People’s Committee will appoint the investor to implement the project.
On the contrary, if having another investor or more interest and register, Hanoi People’s Committee will assign a unit in charge to organize bidding to select investors to implement investment projects.
We only describe here the case that investors make proposal to take the project into the list to select investor and to be appointed as investor, not participate in bidding.