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In theyear 2012, Binh Dinh has reviewed all the projects granted investmentcertificates or approval for investment in the area order to accelerate theirprogress and withdraw the projects’ licences which are not implemented or carriedout too slowly.

So far,Binh Dinh has revoked 5 projects. Specifically,04 projects were revoked investment certificate including Phu Hoa Lake project of Hoan Cau Tourism JointStock Company, Sai Gon Phu Gia Office- Service-Trade Building of Sai Gon PhuGia Investment Joint Stock Company and 2 rubber tree planting project. Aproject revoked the approval of investment is a tourist project (phase 2) of Saigon - Quy Nhon Tourism Joint Stock Company.

Currently,the Department of Planning and Investment is continuing to review otherprojects. The relevant agencies have beenassigned to review the execution of projects and evaluate the investors’capacityto make decision on revoking the project licenses of which the owners are not competentand no longer dedicated to the project. The Department of Planning andInvestment is also assigned to invite other more eligible investors.