Ho Chi Minh City accelerates management of surplus public land and assets

Ho Chi Minh City is intensifying efforts to review, arrange, and manage surplus public land and housing following administrative unit restructuring. The city aims to prevent loss and waste while ensuring assets are utilized effectively.

The Department of Finance reported that since the restructuring began, the city has advised on the recovery of 171 public land and housing sites, transferring them to the Housing Management and Construction Inspection Center and the Land Fund Development Center. Additionally, 129 sites transferred from central ministries to the city are being processed, with 123 already having proposed management plans. The remaining sites are undergoing review to determine if they meet the needs of local wards or should be managed by functional units.

To prevent assets from remaining vacant or being used improperly, the city has tasked the Department of Natural Resources and Environment with accelerating land use certificate issuance and legal documentation. Authorities have also been instructed to resolutely recover land from cases involving delays or violations of land laws.