NOTABLE REGULATIONS DIRECTLY AFFECTING LAND USE RIGHTS IN INDUSTRIAL ZONES FOR FOREIGN-INVESTED COMP

🏦 NOTABLE REGULATIONS DIRECTLY AFFECTING LAND USE RIGHTS IN INDUSTRIAL ZONES FOR FOREIGN-INVESTED COMPANIES

The Land Law 2024 and Law on Real Estate Business 2023, which will officially take effect on 01 August 2024, will have significant impacts on the use and management of land by the State and land users, including foreign-invested companies ("FIC").

📌 We hereby highlight some new regulations that may directly affect land use rights in industrial zones for investors of investment projects to build and operate infrastructure in industrial parks (“IP Investor”) and land users in the industrial zones of IP Investors.

👉 Legal update this July 2024 shared by our Partner – Than Trong Ly, Associate – Nguyen Bao Ngoc & Junior Associate – Nguyen Minh Tuan from DIMAC LAW FIRM.