Country has 39 golf courses too many: ministry

The Ministry of Planning and Investment has found out 39 golf course development projects aren’t included in the national plan approved by the Prime Minister in 2009.

Hoang Ngoc Phong, deputy head of the ministry’s Development Strategy Institute said Monday that under the Golf Course Development Plan of Vietnam to 2020, only 90 golf courses would be built countrywide by 2020.

Now that there is an extra 39 projects, the ministry suggests three solutions.

First, the premier would propose a change of plan, fixing once and for all the number of golf courses to be built from now until 2010 (118).

Or the 2009 plan for 90 golf courses will stay unchanged, but the 5 projects that have been canceled for slow progress and changed investment purposes will be replaced with another 5 projects that were licensed before 2009.

Third, the government can add 11 more projects that meet requirements. – Tuoitre

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Posted by VBN on May 24 2011. Filed under Real Estate. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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