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Ninh Thuận revokes licences of delayed projects

Update: October, 10/2017 - 11:30
Southern Ninh Thuận Province People’s Committee has revoked licences of six projects and cancelled investment plans of five other projects in the province. — Photo bnews.vn
Viet Nam News

NINH THUẬN — Southern Ninh Thuận Province People’s Committee has revoked licences of six projects and cancelled investment plans of five other projects in the province.

Phạm Văn Hậu, vice chairman of the provincial People’s Committee, said it has established a working team including staff at the departments of Planning and Investment, Natural Resources and Environment, and Agriculture and Rural Development, and leaders of districts to follow progress and address shortcomings of delayed projects.

In addition, the province also undertook inspections to deal with snail-paced works and review reasons for delay of projects.

By the end of September, Ninh Thuận had 324 projects with total registered capital of more than VNĐ63 trillion (US$2.77 million).

However, a report of the provincial Department of Planning and Investment showed that there were 62 snail-paced projects while another 12 were facing difficulties.

The revoking of licences of delayed projects has shown the province’s determination to avoid wastage of land resources.

Meanwhile, the southern province of Đồng Nai also revoked investment licences of 418 foreign direct investment (FDI) projects worth more than US$4.8 billion in the first nine months of the year.

The provincial Department of Planning and Investment said the licences were revoked due to the delay in implementing construction of these projects. — VNS

 

 

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