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    China'S First Available Uninhabited Island Has The Longest Development Life Span Of 50 Years.

    2011/4/13 9:35:00 34

    Minimum Standard Of Real Estate For Uninhabited Islands

    In April 12th, the State Oceanic Administration announced the first batch of 176 development and utilization projects in China.

    Uninhabited island

    Directories.

    These uninhabited islands have the longest development life span of 50 years, and expatriates and foreign-funded enterprises can also apply for development in accordance with relevant regulations.


    It is reported that the development and utilization of uninhabited islands mainly involve tourism, entertainment, pportation, industry, warehousing, fisheries, agriculture, forestry and animal husbandry, renewable energy, urban and rural construction, public services and so on.

    Not in principle

    Real estate

    Housing development.


    Lv Caixia, director of the office of island administration of the State Oceanic Administration, said that in accordance with the requirements, units and individuals should submit detailed plans for the development and utilization of the islands to be prepared according to the island's protection and utilization plan formulated by the government after the application of the islands is made. After obtaining sufficient approval from the experts and approval by the State Council or the provincial people's governments, the right to use the islands without residents can be obtained.

    She also stressed that expatriates and foreign-funded enterprises could apply for the development and use of the above-mentioned uninhabited islands, but they must be submitted to the State Council for approval.


    According to the administrative regulations on the collection and use of gold for uninhabited islands previously issued by the Ministry of Finance and the State Oceanic Administration, the state has implemented a system of compensated use of uninhabited islands.

    The usufruct of uninhabited islands can be pferred by means of examination and approval, and may also be sold through bidding, auction and listing.

    Among them, tourism, entertainment, industrial and other operating island has two or more than two intentions, all will be implemented by bidding, auction and listing.


    The system of minimum price restriction should be applied to the pfer of usufruct of uninhabited islands.

    About selling

    Lowest price standard

    The financial department will make adjustments with the competent maritime authorities in accordance with the factors such as the non resident islands, the island type and mode, the distance from the sea, and appropriate consideration of the ecological compensation factors.


    The reporter learned that the first batch of development and utilization of the list of uninhabited islands by the State Oceanic Administration focused on 8 provinces and autonomous regions including Liaoning, Shandong, Jiangsu, Zhejiang, Fujian, Guangdong, Guangxi, Hainan and so on, totaling 176.

    Among them, there are 60 in Guangdong and 50 in Fujian.


     
     
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