HCMC to compensate some affected residents of Thu Thiem by end-Nov

HCMC to compensate some affected residents of Thu Thiem by end-Nov By Le Anh A bird’s eye view of the Thu Thiem Peninsula – PHOTO: THANH HOA HCMC – The HCMC People’s Committee has plans to compensate for damage suffered by households located on 4.3 hectares of land outside the approved boundaries of the Thu Thiem New Urban Area by November 30. The municipal government held a press briefing today, September 21 on the findings of the Government Inspectorate on the Thu Thiem New Urban Area development project in District 2. Head of the HCMC People’s Committee Office Vo Van Hoan said that the local authority would assume responsibility for its violations before the Government and the prime minister, as it had failed to properly execute the master plan for the transformation of Thu Thiem Peninsula into a new urban area. The master plan was approved by then-Prime Minister Vo Van Kiet in a decision signed in 1996. Under the decision, alongside a map with a scale of 1/5000 for the area, the new town was scheduled to cover 930 hectares of land, inclusive of a resettlement area of 160 hectares for residents affected by the project. However, the 1/2000 zoning plan for the new urban area, approved by the city’s then-chief architect Le Van Nam, led to a reduction of 26.3 hectares, including 23.3 hectares of land and three hectares of water surface, compared with the original master plan. The local government had allocated the land to five companies to… [Read full story]