Following the signing of the principle agreement on land lease with the infrastructure development company of the industrial cluster, the investor is required to make a deposit of 20% of the agreement value. It is assumed that investor leases one hectare of land at US$ 16 per square meter for a 50 year lease. The expected deposit amount should be US$ 32,000. The balance of 80% is payable once the formal land lease contract is signed.
It is advisable that the amount is paid by bank transfer.
Decision 12/2011/QD-UBND dated 02/06/2011 by Binh Dinh Province People's Committee promulgating protocols on orders and coordination mechanism for administrative procedures concerning investment and construction outside industrial and economic zones in Binh Dinh Province