Bình Thuận speeds up work on investment projects

The Bình Thuận Province People’s Committee has asked departments and districts to work with investors to hasten the progress of projects that received in-principle licenses or signed memorandums of understanding with the province last year.

The People’s Committee has instructed the Department of Natural Resources and Environment to help businesses complete procedures related to land and environmental impact assessment.

The department will also work with the Department of Industry and Trade to help the People’s Committee ask the Prime Minister for assistance in solving problems facing key projects in the province’s titanium reserve plan.

In addition, the Department of Construction will work with investors to complete procedures quickly so that construction permits can be granted and work can start soon.

The Department of Agriculture and Rural Development will help investors complete procedures on forest assessment and forest-use purposes, and will examine the provincial forestry plan, focusing on projects that use natural and coastal forests.

Meanwhile, the Department of Planning and Investment will aid and urge investors to complete procedures related to research and surveys, and keep track of problems to help the People’s Committee provide specific instructions for each project.

If investors make little effort to complete procedures or have slow progress, the department will work with the province to withdraw such projects.

Certain districts such as Tuy Phong, Bắc Bình and Hàm Tân are expected to work with investors on land clearance procedures.

During a conference on investment last year, the province granted in-principle licences to 11 investment projects with total capital of VNĐ23.4 trillion (US$998 million) and signed memorandums of understanding for 13 projects with total registered capital of $17 billion.


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