Dong Nai issues land-use right certificates to IP tenants

25-Jan-2006 Intellasia | 24/Jan/2006 Saigon Times Daily page 2 | 7:44 AM Print This Post

The southern province of Dong Nai last week handed over land-use right certificates to 36 investors operating in Tam Phuoc Industrial Park (IP) in Long Thanh District.
The certificates are essential for tenants in the IP, especially when they want to take out bank loans and use the certificates as collateral.
Until recently, Tam Phuoc IP, developed by Tin Nghia Co., Ltd, has attracted 51 projects by investors from eight countries and territories, with total capital of nearly US$300 million and more than 100 billion dong. Up to 28 projects in Tam Phuoc EP have been put into operation.

 


Category: Legal

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