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Economic Land Concession

 

 

Process of Implementation

There are two permissible ways to initiate economic land concession projects:

  1. Solicited proposal, where a Contracting Authority proposes a project for solicitation of proposals from investors.
  2. Unsolicited proposal, where an investor proposes a project proposal to the state for approval

Initiating Economic Land Concessions through Solicited Proposals
A Contracting Authority may initiate an economic land concession project by taking the following preparatory steps:

  1. Develop initial project documents proposing an Economic Land Concession project in a form established by the Technical Secretariat, includes the information specified in Article 8 of this sub-decree.
  2. Send the initial project documents to the Technical Secretariat for preliminary study and recommendations based on Article 3 and Article 5 of this sub-decree.
  3. Consult with relevant Provincial Land Use and Allocation Committee and Regulatory Institution regarding the economic land concession project;
  4. Arrange for the conduct of an initial environmental and social impact assessment of the proposed economic land concession project.
  5. If the initial environmental and social impact assessment indicates a medium or high degree of adverse impact, arrange for the conduct of a full environmental and social impact assessment.
  6. Prepare a complete set of project documents, which shall include all of the recommendations and reports from the steps enumerated above, and which shall be the basis for the Terms of Reference for Solicited Proposals.

Initiating Economic Land Concession Projects through Unsolicited Proposals
The prioritized method for granting economic land concessions is through competitive solicited proposals; however, a Contracting Authority may consider an unsolicited proposal where the proposer promises to provide exceptional advantages to achieving the purposes of economic land concessions in situations such as below:

  • the introduction of new technology
  • exceptional linkages between social land concessions and economic land concessions
  • exceptional access to processing or export markets

A Contracting Authority shall not consider an unsolicited proposal if the proposal relates to land that is the subject of Solicited Economic Land Concession Project for which a Notice has been published.

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