HCM City to set up site clearance company

06/03/2008 -- 11:24 AM

HCM City (VNA) – Ho Chi Minh City People’s Committee has asked the Ministry of Planning and Investment to allow joint-stock companies to be involved in site clearance. The city wants to set up such a procedure to prevent delays of major projects awaiting land clearance and compensation to residents who must move. If such a joint-stock company is set up, it would work with investors to make sure site clearance keeps up with projects’ timetable.-Enditem
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