House okays bill speeding up right-of-way acquisition for gov't projects

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المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

The House of Representatives on Monday approved on third and final reading a bill expediting right-of-way (ROW) acquisition and implementation on infrastructure projects.

House Bill 6571 gathered 239 yes votes, three no votes, and one abstention during Monday’s plenary session.

Likewise, the bill allows government agencies to offer the owners of land affected by ROW acquisition current market value or zonal value as determined by the Bureau of Internal Revenue, whichever is higher. The bill also provides that implementing agencies could shoulder the cost of replacing structure and improvements on the land, including machinery, and provide appropriate compensation such as for income loss.

 

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين