Municipal governance considers to revoke 22 projects
Date: 5/21/2011 11:18:04 PM
Thai Nguyen provincial governance on May 17 said that only 137 of 217 works and ground clearance projects had been handed over to investors because of standstill in ground clearance, inadequacies in compensation policy.
Till the end of first quarter of 2011, there were around 460 projects granted with the investment certificates and approval with total registered capital of over 150 trillion dong.
However, 60 of which has not been kicked off or conducted improperly in line with the registered progress. In order to ensure the healthy investment environment, the provincial Department of Planning and Investment proposed to consider to revoke investment certificates for 22 projects that have been non-started or lagged.
(Source:Vietbiz24)