The People's Committee of Binh Dinh province has just decided to adjust the investment policy for two resort projects under construction on National Highway 1D, Quy Nhon - Song Cau route, Quy Nhon City.
Resort tourism projects on the Quy Nhon - Song Cau route (Photo: Binh Dinh).
According to the 1/2000 adjusted planning project of tourist and service spots along the Quy Nhon - Song Cau route (National Highway 1D), there are a total of 19 tourist spots with a total planning research area of about 300 hectares.
Binh Dinh Provincial People's Committee said that, besides projects that are implemented quickly and effectively, there are still projects that are implemented slowly and have violations.
To put an end to the situation of investors being slow to implement projects, the People's Committee of Binh Dinh province issued an "ultimatum" to two projects under construction on National Highway 1D.
Specifically, along with adjusting the progress of the La Costa Resort project on the Quy Nhon - Song Cau route invested by Thanh Linh Quy Nhon Investment Joint Stock Company, the People's Committee of Binh Dinh province warned that it would revoke this project if the progress continues to be slow.
The La Costa Resort project has adjusted the completion time of area A (east of National Highway 1D) to the third quarter of 2024 instead of the fourth quarter of 2023 as approved.
Similarly, the People's Committee of Binh Dinh province has also adjusted the investment policy of the Ami Resort - Spa project on the Quy Nhon - Song Cau route.
Accordingly, the project has adjusted the land area from nearly 12,000m2 to nearly 13,000m2. At the same time, the project's operational time has also been adjusted to the first quarter of 2024 instead of the fourth quarter of 2020 as previously approved.
Binh Dinh Provincial People's Committee requested Dong Nam Technical Development Investment Company Limited to be the project investor, speed up the progress to soon complete the project and construct the project according to the approved plan.
The Department of Planning and Investment is assigned to request Dong Nam Technical Development Investment Company Limited to make a commitment and develop a specific implementation plan for each month until the project comes into operation in the first quarter of 2024. In case the project continues to be behind schedule, the investment policy will be considered for revocation according to regulations.
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