TPO - The Party Executive Committee of the People's Committee of Quang Binh province has just agreed to extend the Quang Binh Energy Pellet Factory Project of Dohwa Resource Development Company Limited (Dohwa Pellet Project) for the 5th time after 8 years of inactivity.
Scandalous project
At the announcement of the meeting of the Party Committee of the People's Committee of Quang Binh province on August 13, Mr. Tran Thang - Secretary of the Party Committee, Chairman of the People's Committee of Quang Binh province - agreed to extend the Dohwa Pellet Project for the 5th time.
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Dohwa Pellet Project after 8 years and 5 extensions. |
As Tien Phong reported, the Dohwa Pellet Project, belonging to Dohwa Engineering Co., Ltd. (Korea), was granted the first investment registration certificate by the Quang Binh Economic Zone Management Board on April 8, 2016, with a total investment of VND 240 billion (equivalent to USD 11 million). The project is built on an area of 3 hectares, expected to be put into operation in the second quarter of 2017, with a maximum capacity of 200,000 tons of pellets/year.
According to the first investment registration certificate, the investment level of this project is 240 billion VND, 100% equity, the project's operating period is 50 years. However, recently in the 5th extension application, Dohwa changed the equity from 100% to 20%, the remaining 80% is borrowed from domestic banks.
Up to now, the entire area of the project has been overgrown with grass, used as a place to raise livestock and illegally dump people's waste.
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The project became a place for people to dump their garbage. |
Previously, the Management Board of Quang Binh Economic Zone sent an official dispatch to the Standing Committee of the Provincial Party Committee and the People's Committee of Quang Binh province to report and propose handling the Dohwa Pellet Project in the direction of terminating the project. "Considering that the investor's proposal does not fall under the provisions of the Investment Law on adjusting the project implementation progress, the Management Board of the Economic Zone will consider terminating the project according to the provisions of law," the official dispatch said.
In June, responding to Tien Phong reporter , a leader of Quang Binh Provincial People's Committee affirmed that the province will not intervene in the extension or revocation of projects in the Economic Zone, because it is under the authority of the Management Board. "Quang Trach Thermal Power Plant with an investment capital of nearly 2 billion USD is also under the authority of the Management Board of Quang Binh Economic Zone, let alone this 11 million USD project. The Management Board of the Economic Zone intends to "kick the ball" to the Provincial People's Committee, but the People's Committee will not do it for them, the board will decide and take responsibility for itself" - said the leader of Quang Binh Provincial People's Committee.
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Dohaw's arrival in Quang Binh brought with it scandal and dire consequences. |
Dohaw Engineering Co., Ltd. first appeared in Quang Binh in 2012 as a contractor for consulting, designing, and supervising the Solar Power Project for remote communes without electricity grid in Quang Binh province, with a capital of more than 14 million USD borrowed from the Vietnamese Government to the Korean Government.
The $14 million project has now become a waste as it cannot provide electricity to the people. The Quang Binh provincial inspectorate has stepped in but for some reason, for over a year now, they have not been able to come to a conclusion on what is right or wrong.
In 2014, Dohaw invested in a solar power project in Le Thuy district (Quang Binh) with an area of 50 hectares. However, this project was considered an "underground" investment as it did not have a plan approved by the Government.
Source: https://tienphong.vn/quang-binh-gia-han-lan-thu-5-cho-du-an-pham-luat-post1666817.tpo
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