On September 11, the leader of the Gia Lai Provincial People's Committee said that the province had directed the Economic Zone Management Board (KKT) to inspect, urge and request businesses to urgently deploy subdivisions No. 2, 4 and 9 in the Nhon Hoi New City Ecological Urban Area.
These 3 subdivisions have a total area of about 116 hectares, planned for urban and coastal high-end apartments, invested by Phat Dat Real Estate Development Joint Stock Company and developed by Danh Khoi Holdings Investment Joint Stock Company.
However, the project has been slow to implement for many years, causing customers who have signed sales contracts to be upset and continuously complain, causing negative impacts on the investment environment of the province.
According to the direction of the Provincial People's Committee, the Economic Zone Management Board requires the two enterprises to focus resources, promptly complete the power supply infrastructure in subdivision 2; supply electricity and wastewater collection system in subdivision 9; at the same time, maintain and repair degraded items, complete legal documents and financial obligations.
Enterprises must quickly issue Land Use Rights Certificates (red books) to eligible households (with 95-100% payment of contract value), organize direct dialogues to resolve petitions. Completion date before September 30.
"The company must have a written commitment to progress, send a notice to all customers so that they can rest assured, not gathering in large numbers to cause disorder in the locality. In case the above deadline is still delayed and deliberately not implemented, the Board will propose the Provincial People's Committee to strictly handle it according to regulations", the KKT Management Board requested.
The Nhon Hoi New City project has a total announced investment capital of more than VND23,000 billion, built on the coast of Phuong Mai peninsula. After more than 6 years of implementation, the project site is still deserted, with degraded infrastructure and lack of electricity and water, causing customers to repeatedly submit petitions to the authorities.
