Tuesday, November 21 2017

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Bà Rịa-Vũng Tàu to reclaim 8 slow-moving tourism projects

Update: July, 10/2017 - 15:00
Vũng Tàu beach, one of the most attractive destinations for tourists in the southern province of Bà Rịa - Vũng Tàu. — Photo bariavungtautourism.com.vn
Viet Nam News

HÀ NỘI — The People’s Committee of Bà Rịa-Vũng Tàu Province last week held a meeting with relevant departments, agencies and localities on the handling of eight delayed tourism projects.

The Department of Planning and Investment of Bà Rịa-Vũng Tàu Province reported that there were currently eight slow-moving tourism projects in the province -- four projects in Vũng Tàu City, two projects in Đất Đỏ District and two projects in Xuyên Mộc District.

These projects were moving at a slow pace from three to five years compared to the issued investment certificates. Among the reasons for the delays was that investors could not afford to finance the project, no compensation and clearance had been done and investors had not been approved the detailed construction plan at 1:500 scale.

Nguyễn Thành Long, vice chairman of the provincial People’s Committee, requested the Steering Committee on handling the provincial projects with slow implementation, to review each project and invite investors to find appropriate solutions.

For projects that could not find a viable solution, investment policy must be revoked, he said. — VNS

 

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