Land Development Fund Introduction

1. Establishment date:

– Established by the Decision No.3088/QD-UB dated October 13th 2010 of the People’s committee of Binh Duong province with name-calling is Land Development Fund of Binh Duong province.

– October 13th 2010, official operation.

2. The name of Land Development Fund:

– Full name: Land Development Fund of Binh Duong province

– The head office’s address of BDIF is located at  26 Le Duan Street, Phu Hoa Ward, Thu Dau Mot City, Binh Duong Province.

– Fax: 0274.3803398

– Phone number: 0274.3803399

3. Duties:

– Land Development Fund of Binh Duong province is entrusted to BDIF with the purpose of receiving capital from land usage fee, land rent fee, proceeds from the auction of land usage rights and to mobilize other resources in accordance to law and support in compensation, support and resettlement; land restoration and land development to serve socio-economic development goals of the province.

– Land Development Fund is used the BDIF’s seal in deal.

– Land Development Fund operates on the principles of financial autonomy, not for profit and capital preservation and development.