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PEOPLE COMMITTEE OF BINH THUAN PROVINCE
Management Board Binh Thuan Industrial Zones
N0: 151/2002/BQL-KCN |
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SOCIALIST REPUBLIC VIET NAM
Independence – Freedom – Happiness
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Phan Thiet, 15 August 2002 |
ANNOUNCEMENT
Decision of The People’s committee of Binh Thuan
province
Ref: Adjusting land rent, infrastructure – using
fee and land position coefficient
For investment projects in Phan Thiet Industrial
Park
For the purpose of attracting the investment in Phan Thiet Industrial Park, The
people’s Committee of Binh Thuan privince has signed a Decision N0:
71/2001/QD-UBBT on November 7th 2001 and Decision N0:
36/QD-UBBT on May 22nd, 2002 on adjusting land rent, infrastructure –
using fee and regulation on position coefficient of decisions as follows:
1. Land rent at Phan Thiet Industrial Park:
- Land rent at Phan Thiet Industrial Park reduces from 0.6 USD/m2 per
year to 0.3 USD/m3 per year – 0.6 USD/m2 per year,
Position 1:0.6 USD/m2 per year, Position 2:0.45 USD/m2 per
year, Position 3:0.39 USD/m2 per year, Position 4:0.3 USD/m2
per year.
- If land rent is paid one time for many years of renting in the first year,
land will correspondly reduce as follows:
|
Payment
form |
Prices of land rent following position
(USD/m2/year) |
|
Position
1 |
Position
2 |
Position
3 |
Position
4 |
|
- Annualy payment |
0,60 |
0,45 |
0,39 |
0,3 |
|
- Pay one time for 5 years |
0,57 |
0,43 |
0,37 |
0,285 |
|
- Pay one time for 10 years |
0,54 |
0,41 |
0,35 |
0,27 |
|
- Pay one time for 15 years |
0,51 |
0,38 |
0,33 |
0,255 |
|
- Pay one time for 20 years |
0,48 |
0,36 |
0,31 |
0,24 |
|
- Pay one time for 30 years |
0,42 |
0,32 |
0,27 |
0,21 |
2- Infrastructure – using fee at Phan Thiet Industrial Park: 0,15 USD/m2
per year.
3- Policy on reducing and exempling from land rent, infrastructure – using
fee for investment projects in Phan Thiet Industrial Park.
- Be exempted from land rent for non – Infrastructure land during 11 to 13 years
since the date of singing the land lease contract.
- Enterprises register their investment in Phan Thiet Industrial Park from now
to before 1st January 2003 (Investment licenses or investment
accepting documents issued from now before 1st January 2003). They
shall be exempted 100% from land rent and infrastructure – using fee within the
first five year since the date of singing the land lease contracts and reduced
50% from land rent and infrastructure – using fee in next five years.
- Enterprise register their investment in Phan Thiet Industrial Park from
January 1st 2003 to 31 December 2004. They shall be exempted 50% from
land rent and infrastructure – using fee within the first five years since date
of singing the land lease contracts.
4- The above land rent and policy on reducing and exempting from land rent,
infrastructure – using fee are applied for all domestic and foreign enterprises
who did invest or will invest in Phan Thiet Industrial Park. This decision comes
into effect on May 22nd 2002.
The management Boad of Binh Thuan Industrial Zones would like to annouce the
decision to investors for implementation.
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C/c:
- Enterprises in PIP
- Investors
- File |
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On Behalf of the Management Boad of Binh
Thuan Industrial Zones
Deputy Chief
Signed: GIANG CONG TUYEN |
