HCMC – The government of Dong Nai Province on December 22 imposed an administrative fine on LDG Investment JSC for illegally constructing some 500 houses covering a total area of over 181,140 square meters at the Tan Thinh residential area project in Trang Bom District.
The firm, headquartered in Giang Dien Commune of Trang Bom District, has been using the land for construction, while having yet to complete land handover and lease procedures in line with prevailing regulations.
Of the total area, some 127,220 square meters is farmland as well as special-use, protective and production forest land, Thanh Nien Online reported.
Apart from being slapped with an administrative fine of VND540 million, LDG Investment JSC was asked to complete the land handover and lease procedures and submit the proceeds from the illegal construction of some VND5.8 billion to the local budget within 60 days.
The investment location of the Tan Thinh residential area project was approved by the Dong Nai government in September 2016, while the 1/500 detailed plan of the project covering 18.22 hectares was passed in May 2018.
Despite no licenses being issued to the firm for the construction, LDG Investment JSC has completed 60% of the technical infrastructure system and basically built 488 houses.