Suspended resort projects in Ke Ga to get compensation

Source: Pano feed

Van Nam


A man looks at a long-abandoned swimming pool at Blue World Resort in Ke Ga area - Photo: Van Nam

A man looks at a long-abandoned swimming pool at Blue World Resort in Ke Ga area - Photo: Van Nam



Speaking to the Daily on March 13, the director of the department, Tang Viet Cuong, said the department would meet with investors of those resort projects on March 20 to assess damages.


Last week the Government Office announced Deputy Prime Minister Hoang Trung Hai’s decision to suspend the Ke Ga port development project as proposed by the Ministry of Industry and Trade.


Besides, as instructed by the Deputy Prime Minister, the government of Binh Thuan will coordinate with Vietnam National Coal and Mineral Industries Group (Vinacomin), the Ke Ga port project owner, in the damage assessment and compensation process.


Cuong said that after damage checks are complete, the provincial government will work with the investors of the 12 projects to set compensation rates before reporting to the Prime Minister.


Vinacomin earlier announced a suspension of the deepwater seaport project in Ke Ga, citing insurmountable technical and economic issues involving the project designed to exclusively export alumina. The first phase investment needed for this project amounted to VND8 trillion.


The 12 resort projects in the area were forced to stop construction and relocate to make room for the port project. When the port project was suspended, the provincial government and Vinacomin agreed to compensate 100% of damages for those resorts whose remaining asset value is below 30%.


In a complaint sent to the provincial government in mid-2012, the investors put their damages at an estimated VND800 billion.


According to Nguyen Ngoc, vice chairman of Binh Thuan Province, after the Ke Ga port project was suspended, the investors can resume work on their resorts.


Investors of some resort projects told the Daily on March 13 that they still wanted to press on with their projects if compensation rates are acceptable.


Nguyen Duc Dang Toan, investor of Blue World Resort, one of the most affected projects, said his resort had suspended operation since December 2007.




Đăng ký: VietNam News

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