Business

Five lose licences over long delays at Ben Tre IZ

The management board of industrial parks in Ben Tre Province has revoked the investment licences of five companies because of delays in implementing their projects.
The management board of industrial parks in Ben Tre Province hasrevoked the investment licences of five companies because of delays inimplementing their projects.

The companies areA&B Animal Feed Production, Greenfield Organic FertiliserProduction, Hoang Thy Concrete Production, and two seafood processingcompanies, Le Anh and Cao Tri.

All of the companiesplanned to operate at Giao Long Industrial Park in An PhuocCommune in Chau Thanh district with total rented area of 5.5ha andinvestment capital of more than 200 billion VND (10.5 million USD).

The licences were granted last year but no factories have been built.

Ben Tre Province has two industrial parks, Giao Long andAn Hiep, located in Chau Thanh District, with 29 licensed investmentprojects.

Giao Long has 21 investors with total rented area of 60ha, of which 10 are operating.

Last year, the Government approved the construction of five newindustrial parks in the province, covering a total area of 1,200 ha.

The province has hastened infrastructure construction in an aim to attract more investors to its industrial parks./.
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