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Central province withdraws licences for delayed projects

by ,http://vietnamnews.vn/economy/519558/central-province-withdraws-licences-for-delayed-projects.html07 May 2019 Last updated at 14:37 PM

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Central province withdraws licences for delayed projects
Authorities in the central province of Quảng Bình have withdrawn the licences of 16 delayed projects that have high percentages of land occupation.

 

 

An incomplete building at a hospital project in Quảng Bình Province. Provincial authorities have withdrawn the project's licence. — Photo kinhtedothi.vn

QUẢNG BÌNH — Authorities in the central province of Quảng Bình have withdrawn the licences of 16 delayed projects that have high percentages of land occupation.

The projects occupied a total of 591,000sq.m of land. According to the local Department of Planning and Investment, the projects were found to be delayed and leaving land in a poor state during an investigation made by the local Department of Natural Resources and Environment late last year.

Trần Phong from the environment department said the department has completed another report on land use violations among other delayed projects in the locality following recent investigations by the department.

He added that the report would be the basis for local authorities to make withdrawal decisions in an attempt to retrieve land occupied by unqualified investors.

The report recommended withdrawing the licences of nine projects, including those in the healthcare sector, tourism and trade. Those projects are occupying 942,000sq.m of land.

Authorities are to find proper investors and sell the infrastructure of the withdrawn projects, which include unused buildings on the land.

In related news, neighbouring Thừa Thiên-Huế Province is seeking qualified investors for a residential and park project valued VNĐ4.2 trillion (US$183 million). The project is located in the new urban area An Vân Dương, a modern city outside of the ancient city of Huế.

The estimated duration for the project, including site clearance work, is 60 months.

An Vân Dương is a proposed residential, trade and recreational centre occupying 1,700ha of land. It has welcomed investors since 2005. — VNS