Investor complains over encroaching project in Nha Trang Bay
  • | | May 21, 2018 07:05 AM
Nha Trang Sao JSC has filed another complaint in order to continue a tourism project which was banned for illegally encroaching the renowned Nha Trang Bay, Khanh Hoa Province.


Encroaching project in Nha Trang Bay

The project on Pham Van Dong Street was licensed in 2012 with a total investment of USD33 million. The construction started in 2014 and was scheduled to be completed in late 2016.

In early 2016, the project investor was fined VND130 million (USD5,909) for failing to monitor the environmental impacts of construction activities, and VND70 million (USD3,181) for illegally filling up 23,000 square metres of the bay. The project's investment license was also revoked.

The investor was asked to restore the bay and remove an embankment. However, little has been done and the project has become stagnant. Nha Trang Sao JSC has since filed two complaints to the provincial Department of Planning and Investment.

On May 17th, Hong Kim Yen, the legal representative of Nha Trang Sao JSC claimed that the violations were not the investor's fault as they were decided by the company's old shareholders. After having new shareholders last March, they adjusted the architectural planning in accordance with Khanh Hoa People's Committee's request. They also submitted the planning to local authorities but haven't received any feedback.

Yen requested to let them continue the project, saying that if the project is put into use, it will help boost the local tourism sector and protect the coral reef and the marine environment.

Meanwhile, Khanh Hoa Department of Planning and Investment said that they had had a meeting with Nha Trang Sao JSC on March 30 and the investor failed to provide sound evidence to prove their claims. According to the department, not only did Nha Trang Sao JSC violate the regulations in the first place, it didn't fix the wrongdoings even after being fined.

The department refused to issue another investment license and said that Nha Trang Sao had the right to file a complaint to the Khanh Hoa People's Committee.

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