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Major property projects to undergo inspections next year

Tuesday,  Dec 19,2017,23:12 (GMT+7)
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Major property projects to undergo inspections next year

HCMC – The Ministry of Construction plans to inspect large-scale property development projects next year to see whether they comply with the prevailing housing regulations, says a Dan Tri news website report.

According to the ministry’s Decision 1190/QD-BXD, Construction Minister Pham Hong Ha told the chief inspector at the ministry to carry out an inspection plan as required by the Inspection Law and other relevant regulations.

A host of major projects in Hanoi City, Quang Ninh Province, Hoa Binh Province, HCMC, and elsewhere in the nation are subject to inspection. Some of the projects are in HCMC, including a residential zone of Khang Dien JSC in District 9’s Phuoc Long B Ward, Ben Thanh-Ho Tram Resort, and Cat Lai Residential Zone.

The ministry will inspect the management of construction projects at the State Treasury, the Vietnam Cement Industry Corporation, and the Vietnam Bank for Agriculture and Rural Development (Agribank).

Investors of build-operate-transfer (BOT) and build-transfer (BT) infrastructure projects are also on the radar, such as Cam Ranh International Terminal JSC, Danang Port JSC, Trung Nam Construction Investment Corporation (Trung Nam Group), and a joint venture between Bamboo Capital JSC and Bang Duong Investment-Construction-Trading Co Ltd.

Accordingly, inspectors will look into the international passenger terminal of Cam Ranh International Airport in Khanh Hoa Province, and the phase two upgrade of Tien Sa Port in Danang City.

Earlier, the ministry inspected 12 large property firms like Tan Hoang Minh Group, which have developed major projects in Hanoi City, Danang City, Khanh Hoa Province, and HCMC.

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