Business
Violations at South Korean-invested 300-hectare golf course
  • | dtinews.vn | November 13, 2017 08:55 PM
The Government Inspectorate has pointed out violations at a 300-hectare golf course project in the northern province of Hoa Binh.

According to the Government Inspectorate, Hoa Binh Province licensed the Phuong Hoang golf course project although it does not belong to the local land planning approved by the prime minister.

  

Phuong Hoang golf course in Hoa Binh Province

The provincial people’s committee acquired land to hand over to the project investor, South Korea’s CharmVit Group. The committee and the investor negotiated the land rental by themselves before signing the agreement, but failed to conform to the government’s regulations.

The land lease agreement was inked on January 31, 2009, but it was only a year later that the investor paid, violating government decrees and causing financial waste for the state budget.

The investor and local authorities did not set up a detailed planning of the project at the rate of 1/500 as regulated. Many elements of the projects have been built without being licensed.

The project investor has been requested to propose measures on re-defining its financial duties for the submission to the prime minister.

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