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VietNamNews

No more land for golf courses

Update: August, 11/2012 - 08:27

CAN THO — Chairman of Can Tho City's People Committee Nguyen Thanh Son said that the city will not set aside more arable land for construction of a golf course in its master plan to develop Can Tho until 2030 and its vision to 2050.

On the other hand, since Can Tho has been recognised as a first-class city, land prices have been increased. If arable land was set aside for a golf course, construction would become wasteful and less effective, said Son.

The city administration granted an investment licence in 2007 to Hoan Lam JSC to invest in a project including an 18-hole golf course, residential and entertainment area valued at over VND1 trillion. However, the project's licence was revoked due to its late construction as committed. — VNS

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