Reference to make reference to the investment and construction handling of projects.

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Several tips about construction and investment management of Projects with Condotel and Officetel Apartment rentals
The Ministry of Construction has issued the Official Dispatch No. 4308/BXD-HDXD with regards to the investment and construction handling of projects with condotel (a crossbreed of condominium and hotel), officetel (a crossbreed of place of work and motel) apartments, vacation resort villas or shophouses.

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, according to this document:
Initial, when evaluating and granting zoning plans and construction plans, People’s Committees of centrally-affiliated cities and provinces need to make certain that these strategies are conforming to technical regulations and standards in power, and supply very clear explanations about the actual size of the construction floor place, the quantity of apartments and occupants for the arrangement ofofficetel and condotel, vacation resort villa or shophouse functions to ascertain the requirements and needs with regards to technical and social infrastructure.
Second, when determining investment plans for construction investment projects with the earlier mentioned real estate kinds, it is needed to guarantee the correspondence between investment purposes or land makes use of and operations of construction projects; remember that the development and formation of this sort of real-estate must be suitable for the local true condition above periods of time.
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