Massive investments into tourism property development have brought a number of locations onto the inspection radar for investment authorities this year.
Six locations – Thua Thien Hue, Khanh Hoa, Quang Ninh, Lam Dong, Binh Thuan and Danang – were listed in 2011’s inspection plan by the Ministry of Planning and Investment (MPI) due to “careless investment licencing” and “low efficiency”.
For example, South Fork golf course, which was licenced in 2004, Hon Rom, licenced in 2007 and Son My, licenced in 2006, saw delays because they were positioned in “black sand” areas. They will now have to wait until the black sand deposits are extracted.
Huu Tuan