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    Several tips on investment and construction control over Projects with Officetel and Condotel Apartments

    The Ministry of Construction has released the Official Dispatch No. 4308/BXD-HDXD regarding the investment and construction management of projects with condotel (a crossbreed of condominium and hotel), officetel (a crossbreed of business office and resort) apartments, holiday resort villas or shophouses.

    According to this document, in order to continue to improve the effectiveness and efficiency of the state authority over the management of construction investment, the Ministry of Construction requests the People’s Committees of provinces and centrally-run cities to order relevant agencies and units during the process of their management of construction investment, or construction authorities during the process of their implementation of administrative procedures, for construction investment projects with condotel, officetel apartments, resort villas or shophouses should keep the followings in their mind:

    Initially, when looking for and approving zoning construction and plans plans, People’s Committees of centrally-affiliated places and provinces should guarantee that these plans are conforming to practical standards and regulations in power, and give very clear answers about the actual size of the construction ground region, the quantity of condominiums and inhabitants for the set up ofofficetel and condotel, resort villa or shophouse functions to ascertain the requirements and needs with regards to social and technical infrastructure.

    2nd, when determining investment guidelines for construction investment projects together with the previously mentioned real estate kinds, it is necessary to ensure the correspondence in between investment uses or land uses and processes of construction projects; keep in mind that the formation and development of this sort of property needs to be suitable for the local actual condition over amounts of time.

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