Legal alert| Abolishing procedures for investment approval for a number of real estate projects
On November 5, 2020, the Government issued Resolution 164 / NQ-CP ("Resolution 164 / NQ-CP") on solving some problems in the implementation of urban construction investment projects pursuant to Decree 11/2013 / ND-CP dated January 14, 2013 of the Government on the management of urban development investment. Accordingly, no investment procedures as prescribed in Decree 11/2013 / ND-CP will be applied to investment projects on construction of urban areas in the following two cases: i.Projects for which investment policy has been decided by competent authorities under the 2014 Investment Law or approved for investment under the 2014 Housing Law; and ii.Projects that have...
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