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Economy

Xiongan New Area starts requisition of land for offices, farmers compensated

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2017-09-11 09:28Global Times Editor: Li Yan ECNS App Download

The Xiongan New Area in North China's Hebei Province started requisition of land for the construction of offices over the weekend, local authorities said.

China announced plans on April 1 to establish the Xiongan New Area.

It is about 100 kilometers southwest of Beijing and spans Hebei's Xiongxian, Rongcheng and Anxin counties.

The new economic zone will take up 1,000 mu (67 hectares) of land to build a temporary office area, the Xiongan New Area Management Committee said in a statement posted on its WeChat public account on Saturday.

The land will take some parts of the area in Rongcheng's Mazhuang village, Baita village and Dongguan village, and will involve 240 local households, according to the committee.

The primary functions of the office area will be for temporary office buildings for the new area's management committee as well as some enterprises. It will also serve as an exhibition area for Xiongan's planning and construction, and for venues for meetings, reception and handy services for the public.

As the policies related to Xiongan's land requisition and residental allocation have not yet been unveiled, the fees for the temporary land use will be 1,500 yuan ($231) per mu each year, the management committee said.

The local government will pay residents half-year land fees after they sign the agreement and will sign formal ones after specific policies are rolled out.

On Saturday, the new economic area signed its first temporary land requisition agreement with a local resident named Jiang Junming from Mazhuang to gain 1.75 mu of land. Jiang received 4,147.5 yuan in compensation.

  

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