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64 billion VND compensation for site clearance of Son My 1 Industrial Park project

On September 30, Branch of Land Fund Development Center No. 1 and the People's Committee of Son My Commune (Lam Dong) organized compensation and support payments for households handing over land to the Son My 1 Industrial Park Project, Son My Commune (Lam Dong).

Báo Lâm ĐồngBáo Lâm Đồng30/09/2025

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People complete procedures before receiving money

The payment schedule is expected to take place in 2 days (September 30 - October 1). The units will organize the payment of compensation and support to 44 households who have given land to the Son My 1 Industrial Park Project. The total payment amount in this period is nearly 64 billion VND for the total recovered land area of ​​more than 33 hectares.

This is an important step to remove obstacles at Son My 1 Industrial Park to deploy infrastructure construction and attract investment, develop industry and services in the coastal area of ​​the province.

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Mr. Chuong received money from the bank.

Son My 1 Industrial Park was approved by the Prime Minister in 2017, with a total registered capital of VND 2,300 billion and an area of ​​1,070 hectares. Phase 1, the project is expected to be implemented on an area of ​​over 615 hectares and phase 2 nearly 455 hectares. Particularly in the priority investment area, 375 hectares are built. To date, 87 hectares have been completed.

The remaining problem area of ​​over 288 hectares involves 78 households and 7 organizations. To date, the units have approved compensation plans for 65 households with 45 hectares, with a cost of over 81 billion VND.

Regarding the Son My Resettlement Area Technical Infrastructure Project (Phase 1), which was approved on an area of ​​1.44 hectares, it is expected to arrange 76 resettlement lots for affected households in the project. The local government has approved the compensation, support and resettlement plan for 7 affected households.

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People complete procedures before receiving compensation.

To speed up the infrastructure construction progress, Lam Dong Provincial People's Committee has directed the Land Fund Development Center Branch No. 1 to coordinate with Son My Commune People's Committee, investors, and related departments and branches to speed up the progress of compensation and site clearance for the project. In particular, the priority area (375 hectares) must be cleared first.

Mr. Dang Thanh Cong, Vice Chairman of Son My Commune, said: “This morning, the households came to receive compensation with excitement and agreement with the policy. The local authorities also arranged police and youth union forces to maintain security and order and support the people while waiting for payment.”

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People complete procedures to receive compensation money

Son My 1 Industrial Park plays an important role in the industrial development of the coastal area of ​​Lam Dong province. A good sign is that while still in the construction phase, Son My 1 Industrial Park has attracted 3 large-scale investment projects.

Specifically, 3 projects with a scale of 156 hectares, registered investment capital of 5.4 billion USD, including: Son My LNG port warehouse with a total investment capital of 31,434 billion VND (equivalent to 1.3 billion USD); Son My I BOT Thermal Power Plant with a total investment capital of 47,464 billion VND (equivalent to 1.98 billion USD); Son My II Thermal Power Plant with a total investment capital of 50,433 billion VND (equivalent to 2.1 billion USD).

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Ms. Bui Thi Hoa was excited when completing the compensation procedures.

According to the request of the Provincial People's Committee, by November 30, 2025, the units must complete compensation, site clearance and compensation payments for 75 households in the project. As for the remaining 3 households, continue to review the legality and complete the compensation plan according to regulations.

Source: https://baolamdong.vn/64-ty-dong-den-bu-giai-phong-mat-bang-du-an-khu-cong-nghiep-son-my-1-393814.html


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