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One of FDI projects in Dong Nai to be revoked.— Photo chaobuoisang
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DONG NAI (Biz Hub) - The Dong Nai Department of Planning and Investment has asked the provincial authorities to revoke the licence of 39 projects worth US$2.195 billion because they have been delayed for too long. Four of these are FDI projects.
The department said the province has issued a large number of licences, but only 30-40 per cent of the projects are fully operational or being implemented. It noted that many projects have been allowed to extend their deadlines, but they have made no progress to date.-VNS