Long An revokes 67 long-delayed projects in 9 months
The authorities of the Mekong Delta province of Long An withdrew 41 domestic investment projects and 26 foreign direct investment (FDI) ones with a total capital of 250 million USD in the last three quarters.
An industrial park in Long An province (Photo: Long An e-newspaper)
Long An (VNA) – The authorities of the MekongDelta province of Long An withdrew 41 domestic investment projects and 26 foreign direct investment (FDI) ones with a total capital of 250 million USD in thelast three quarters.
Accordingly, the revoked are long-delayed projects with activities not aligning with objectives, or those that have not reported investment activities.
In addition, the local authorities have conducted inspections of 58 otherprojects, including 19 in industrial parks; and issued 31 decisions on imposingsanctions against administrative violations related to planning and investment activities,with a combined amount of 2.1 billion VND.
Chairman of the provincial People’s Committee Nguyen Van Ut has demanded leadersof local departments and sectors, localities, and investors to continue toproactively coordinate to review and propose measures to handle long-delayed investment projects.
Dialogues with businesses must be arranged to remove difficulties 🍎and obstaclesfacing them, he said, noting that the biddings and bid invitations must be conductedtransparently./.
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Authorities in the Mekong Delta province of Long An have so far this year revoked licences of 9 domestic and 9 foreign-funded projects due to their sluggish progress.
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