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Binh Dinh authority has revoked 4 licenses due to no or slow progress in investment.
They include Phu Hoa Lake tourist site invested by Hoan Cau Tourism JSC, Sai Gon Phu Gia building by Sai Gon Phu Gia Investment JSC, and two rubber planting projects by Binh Minh Rubber Co., Ltd and Binh Dinh Rubber JSC
Binh Dinh People’s Committee also halted the phase 2 of Ghenh Rang tourist site project owned by Sai Gon-Quy Nhon Tourism JSC.
The province’s Department of Planning and Investment and Economic Zone Authority were assigned to investigate license-granted projects which see no or slow progress.
The Department of Planning and Investment will call on other investors to invest in revoked projects.
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