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Binh Phuoc to revoke land-use rights from failed projects

Update: August, 21/2012 - 10:23

BINH PHUOC — The People's Committee of southern Binh Phuoc Province has allowed the provincial Economic Zone Management Board to revoke land use rights of slow-moving projects in its industrial and border-gate economic zones.

The committee has approved to withdraw a total of 30ha in the Hoa Lu Border-gate Economic Zone which was handed over to five domestic and foreign-invested firms.

The committee also asked the provincial Economic Zone Management Board to work with enterprises registered to invest in Dong Xoai 1 Industrial Zone and submit reports on the implementation of their projects not later than the end of this month.-VNS

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