A. By virtue of the delegated authority of the agency and its limitations, it shall have the tasks and powers set forth below and detailed in this Regulation:
(1) The agency alone is responsible for organizing and managing land, real estate, construction, and development affairs in economic cities.
(2) Work on developing, enhancing, and improving the use of land and real estate in economic cities.
(3) Ensure the safety and security of individuals, owners, lessors, residents, developers, construction companies, contractors, employees, and users, and ensure the protection of the terrestrial, aerial, and marine environment.
(4) Establish and issue rules, standards, procedures, and requirements related to land and real estate in economic cities, including all actions related to ownership transfer, registration of ownership restrictions, land and real estate development, subdivision, usage designation, design, and building requirements, in accordance with the procedures stipulated in the Implementing Regulation (Regulation No. 1).
(5) Authority to issue all ownership documents and maintain a record to register all ownership and transfer operations and impose restrictions on land and real estate and development activities.
(6) Authority to approve the master plan and monitor its implementation according to what is developed, presented, and executed by the main developer.
(7) Authority to set standards for the design, development, construction, and reclamation of land and real estate, buildings, and the improvement and development of economic cities and their infrastructure.
(8) Authority to organize, manage, and license to ensure the ongoing maintenance, repair, and construction of all land, real estate, buildings, and development activities in economic cities.
(9) Authority to organize, manage, and license all activities related to land, real estate, buildings, and improvement and development activities in economic cities.
(10) Authority to impose appropriate fees, dues, and tariffs, and similar charges in exchange for granting licenses, permits, approvals, consents, and providing services and organizing and managing facilities.
(11) Authority to conduct investigations regarding violations of this Regulation or any rules or policy statements issued by the agency or any evidence it approves or any executive decisions, and to investigate any incidents, injuries, or damages.
(12) Authority to determine penalties for violations of this Regulation or any rules or policy statements issued by the agency or any evidence it approves or any executive decisions.
(13) Engage in any activities deemed necessary, beneficial, or appropriate for performing its tasks and functions under this Regulation.
(14) In case of emergencies, the agency has the authority to order eviction, determine movement methods, and confiscate properties, as well as all necessary powers to ensure the safety and well-being of users in economic cities.
(15) In addition to the functions, tasks, responsibilities, and duties stipulated in this Regulation, the agency shall undertake any additional responsibilities deemed appropriate or necessary by the General Secretary.