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Government looks to capture big gains from infra boom via VCF policy

Government looks to capture big gains from infra boom via VCF policy

Friday, March 24, 2017, 9:23 AM

A classic get-rich-quick scheme for the well-connected is picking up land cheaply near a new national highway, a railway line or in a smart city before such plans are widely known.The government has decided to implement a value capture financing (VCF) policy for all infrastructure projects starting April to recover the premium that public investments generate for private landowners.
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