Chairman of Binh Dinh Province People’s Committee had just issued a document on speeding up tourism investment projects at Nhon Hoi Economic Zone (EZ). Accordingly, Management Board of Nhon Hoi EZ was assigned tasks of guiding investors to hasten construction progress of their investment projects in 2011, particularly the projects whose land clearance and compensation procedures had been finished, including Trung Luong project by My Tai Co. Ltd, Northern Thi Nai Bridge project by Quoc Thang Co., Ltd.
The board would also follow up, supervise and speed up the project implementation of all the investors. Any investor who didn’t carry out the project or didn’t fully perform the implementation would be put in proposed list of investment certificate withdrawal by the board. The provincial People’s Committee would issue decisions of withdrawal on the basis of the consultation from the board and grant investment certificates to other investors in need.
Concerning two projects of Hai Giang and Vinh Hoi, the chairman of the provincial People’s Committee asked the board to cooperate with local governments and relevant authorities to hasten progress of planning land clearance and compensation options. The chairman also asked the investors to cover the land clearance and compensation costs in advance. If not, their investment certificates would be taken back in accordance with law.
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