Nghe An: Terminating a project invested by Hoa Sen Group
(Baonghean.vn) - The Chairman of Nghe An Provincial People's Committee has signed and issued a Decision (No. 2202/QD.UBND dated June 1, 2018) to terminate the project of the Construction Materials Distribution Center in Nghi Lien Commune, Vinh City.
Accordingly, the investment project of the Construction Materials Distribution Center in Nghi Lien Commune, Vinh City is terminated and Decision No. 527/QD.UBND-CNTM dated February 5, 2015 of the People's Committee of Nghe An Province on approving the investment policy of the Construction Materials Distribution Center project in Nghi Lien Commune, Vinh City, invested by Hoa Sen Group Joint Stock Company. Reason for termination: The investor decided to terminate the project.
The People's Committee of Nghe An province assigned the Department of Planning and Investment to contact and notify the investor about the termination of operations and cancellation of legal documents related to the Construction Materials Distribution Center in Nghi Lien commune, Vinh city; guide the investor to liquidate the project according to the provisions of law; and announce on the electronic information page of the Department of Planning and Investment and the province.
Assign Nghe An Provincial Investment Promotion and Support Center to introduce and attract capable and interested investors to conduct investment research in accordance with the law.
Assign Vinh City People's Committee to coordinate with relevant departments and branches to manage the land and handle other related issues in accordance with the provisions of law.
Regarding the responsibility of Hoa Sen Group Joint Stock Company (investor): Terminate all activities related to the Construction Materials Distribution Center project in Nghi Lien Commune, Vinh City. Carry out project liquidation according to current regulations. Take full responsibility for the costs incurred (if any) related to the process of surveying, researching, consulting, investing in the project and other related issues according to the provisions of law.
The decision takes effect from the date of signing and promulgation.