Kien Giang cancels more tourism projects

The Mekong Delta province of Kien Giang remains tough on delayed tourism projects as it cancelled four more development plans on Phu Quoc Island Thursday, bringing the total number of cancelled projects to 25.

The provincial People’s Committee revoked the licences of Thai Nam Co., Bien Xanh Co., Bien Sang Seafood Co. and the Ministry of Public Security’s General Security Department after these investors failed to settle site clearance compensations with the committee.

According to Nguyen Van Sau, deputy head of the management board for the investment and development of Phu Quoc Island, 21 projects to build resorts, amusement parks, and ecotourism areas with the total area of 1,736 ha had been canceled as of July.

Most of the cancelled projects were licenced from one and two years ago, but the investors either didn’t begin work as promised or failed to mobilise necessary financial resources.

In a separate development in Phu Quoc Island, the government has recently approved a $4-billion project to construct a complex of five-star hotels, convention centers and casinos spanning over 135ha in the Bai Da Chong area in Bai Thom Commune, the Vietnam News reported.

Under the government’s master plan, Phu Quoc Island will be developed into a centrally administered Special Economic Zone by 2020, attracting two to three million visitors per year. – Tuoitre

Tags: Kien Giang tourism projects