22 project licenses revoked at border economic zone

The Tay Ninh provincial government has revoked 22 investment project licenses at the Moc Bai Border Gate Economic Zone due to delays, an official said Friday.

Head of the zone’s management board, Phan Minh Thanh, said several projects had been stalled by capital shortages while other delays were due to the Ben Cau District Site Clearance Committee’s failure to hand over land to investors.

He also said insufficient infrastructure had plagued investors at the southern zone along the border with Cambodia.

The provincial People’s Committee has asked 34 investors at Moc Bai’s 46 remaining projects to report their project development plans.

Tran Tam

thanhnien

>   Cam Ranh Airport to go international (18/07/2009)

>   Posco to buy Vietnam steel firm, build India plant  (18/07/2009)

>   In the clothing market, domestic brands struggle (16/07/2009)

>   Premier-led group to study Vietnam oil resource after discovery (16/07/2009)

>   Fuel prices uncut as traders still face losses (16/07/2009)

>   Steel prices to remain flat over next few weeks (16/07/2009)

>   Korean retailer finds local partner (16/07/2009)

>   Customer emotional bonds key to brand success: Expert (16/07/2009)

>   Entertainment industry, media poised to skyrocket (16/07/2009)

>   Local firms neglect marketing (16/07/2009)