Ben Tre Province stops idle projects

Saturday, Jun 01, 2013 17:37

BEN TRE (Biz Hub)— Southern Ben Tre Province's investment promotion centre said it had revoked the investment certificates of four enterprises as they didn't implement projects within a year after receiving licences.

Companies which were to stop projects are fruit juice producer Gia Nguyen, mechanics manufacturer Vastalux-Alpha, fruit processor Van Dat, and trade and tourism service dealer Hoang Ngoc.

Their projects had a total registered capital of US$26.6 million and were expected to cover a total area of over 74,000sq.m.—VNS



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