Hanoi's Urban Planning Institute proposed a standby land fund for moving headquarters of ministries and agencies to suburban areas.
Existing headquarter of the Ministry of Construction to be sold for building the new one
The land fund, which would include areas along Nhat Tan-Noi Bai and West Lake-Ba Vi routes, would be used as a stop-gap measure in case the planned land allocation is not sufficient.
The institute has already agreed to moving the headquarters of ministries and agencies to the central areas of the south of West Lake and National Exhibition Centre in Me Tri Commune, Tu Liem District.
To date, nearly 10 ministries and agencies have made plans to move their headquarters or got approval for for their plans, including the ministries of transport, construction, agriculture and rural development and public security.
At the behest of the Prime Minister, ministries and agencies will allowed to sell the assets or transfer land ownership rights of their old headquarters in the city centre to gain funding for building new headquarters.Tourist Vietnam Travel to Vietnam tour to vietnam visit vietnam Only 510$ for 15 Days in Vietnam
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