Resolutely withdraw unimplemented projects

Long An province reviews and resolutely revokes unimplemented projects (illustrative photo)

However, Long An province continues to review and resolutely revoke projects that have not been implemented or have not been implemented since the investment policy was issued.

According to information from the Provincial People's Committee, in February 2025, after checking and reviewing the progress of investment projects in the area, the province terminated the operation of 2 FDI projects with a total investment capital of 5.27 million USD; terminated the operation of 11 domestic projects (DDI), with a total investment capital of more than 1,284 billion VND.

Accumulated from the beginning of 2025 to present, the province has terminated the operation of 2 FDI projects and 12 DDI projects.

In addition, from January 20 to February 20, the province also inspected and reviewed 7 investment projects, issued 6 decisions on administrative sanctions for not implementing the contents of the investment policy (behind schedule), and not having an investment certificate. From the beginning of 2025 to now, the province has inspected and reviewed 16 investment projects, issued 11 decisions on administrative sanctions with a total fine of 935 million VND.

In the spirit of harmonious benefits and shared risks, Chairman of the Provincial People's Committee - Nguyen Van Ut emphasized: The province is committed to doing what it says, doing it effectively, clearly defining each task and each product. However, the province also proactively reviews and resolutely revokes projects that have not been implemented or have not been implemented since the investment policy was issued; not to waste resources (land, construction, facilities), creating the most favorable conditions to unlock resources, serving local socio-economic development./.

Thanh My

Source: https://baolongan.vn/kien-quyet-thu-hoi-du-an-khong-trien-khai-a191707.html