Withdraws the investment licenses of 7 projects
-   +   A-   A+     30/11/2011

Since the beginning of this year, the Ba Ria- Vung Tau Provincial People’s Committee has withdraw 7 foreign direct investment (FDI) projects. In which, 6 projects were granted investment licenses with total capital of USD 52 million but low progress, include: Cantech Vina Co,. Ltd (USD 4.9 million), Corsair Manina Co,. Ltd (USD 20 million), branch off Full Power JS company (USD 1 million), Charm Industrial Co,. Ltd (USD 10 million), S&P Vietnam Co,. Ltd (USD 6 million), Johny&Son Co,. Ltd (USD 10 million) and one project was approved investment policy (Long Dien 3 industrial cluster).

Since the beginning of this year, the Ba Ria- Vung Tau Provincial People’s Committee has withdraw 7 foreign direct investment (FDI) projects. In which, 6 projects were granted investment licenses with total capital of USD 52 million but low progress, include: Cantech Vina Co,. Ltd (USD 4.9 million), Corsair Manina Co,. Ltd (USD 20 million), branch off Full Power JS company (USD 1 million), Charm Industrial Co,. Ltd (USD 10 million), S&P Vietnam Co,. Ltd (USD 6 million), Johny&Son Co,. Ltd (USD 10 million) and one project was approved investment policy (Long Dien 3 industrial cluster).

According to the Department of Palanning and Investment, till the end November, provinc has 296 FDI projects in forces with total registed capital of USD 28.404 billion. Among that, there are 119 projects in industrial zones (with total registed capital of USD 11.365 billion), 177 projects be out of Izs with total registed capital of USD 17.039 billion.


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