Though
they have been licensed, many tourism projects worth billions of dollar in Vung
Tau city are yet to get off the ground either because of the investors
themselves or local authorities.
For instance, the US$1.3-billion project of
Good Choice USA – Vietnam Co. Ltd. to build an amusement park was licensed in
2008 but the investor has failed to proceed with it.
Named Wonderland World Vung Tau, the complex
is expected to have a five-star hotel with 2,500 rooms, 4 four-star hotels with
1,000 rooms each, and an entertainment complex in Nguyen An Ninh Ward.
But none of the above construction has ever
been done and the investor has simply disappeared after getting the license.
The city administration thus decided to cancel
the investor’s license early this week.
An official from the city’s Center for Land
Development said the investor hadn’t contacted his center to discuss site
clearance and other tasks to proceed with the project.
Phan Hoa Binh, Chairman of the municipal
People’s Committee, said Vung Tau had many times urged the investor to begin
working on the project, but received no responses.
Nguyen Tu Quy, director of the Centre for
Technical and Professional under the Ba Ria-Vung Tau Province Department of Natural
Resources and Environment, said Good Choice USA – VN owed the center VND400
million for surveying.
“We do not know where to find this investor,”
he said.While the investor is hiding somewhere, locals have been squatting on
the land plot zoned for the project.
Site clearance problems
While most of the long-delayed or stalled
projects are mainly caused by the investors’ incapability, other plans too are
being delayed by local authorities.
The $4.1-billion Saigon Atlantis Hotel
project, for instance, is yet to get started because local authorities haven’t
completed site clearance.
Though it expected to receive 100 out of 1,000
hectares of land zoned for this project by the first quarter of 2009, Winwest
Vietnam Co. Ltd., the project’s investor, has so far received only 90 hectares,
even though it has provided VND98-billion to aid the city.
Dang Minh Thong, deputy director of the
provincial Department of Planning and Investment, said site clearance was the
main obstacle for many projects in Vung Tau city since local authorities didn’t
have enough money.
Many other projects including the $900-million
Skybridge Dragon Sea and a project to build a hotel, trade center and apartment
complex of OSC-Duxton Co. Ltd. have also been delayed since the investors haven’t
received their land.
TUOI TRE
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