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Construction projects operating in Cam Ranh face certificate confiscation
The Planning and Investment Department of Bridesmaid Dresses Hoa has announced that it might confiscate investment certificates obtained by the majority of construction projects operating in the Northern Cam Ranh Peninsula Tourism Complex because projects failed to follow planned schedules.
To date, only seven out of the 30 projects have been awarded with construction certificates while only six, having sorted out their land clearance issues, have not completed all documents necessary for construction certificates. The remaining 17 projects are still Cocktail Dresses initial documents.
Although only two projects, in the Green Hill Tourism Complex and Bai Rong Complex, have started construction, the process is very slow and no applications for additional construction certificates have been submitted, according to a departmental representative who added that, if project owners could not provide reasons for their slow progress, their investment certificates would be confiscated.
The 4,800 ha Northern Cam Ranh Peninsula Tourism Complex, located in Cam Lam District, is targeted to become a high end beach resort with high-end cultural, business and conference centres.
Vuong Thai Dung, deputy general director of Evening Dresses National Petroleum Corporation (Petrolimex), which accounts for 60 percent of the gasoline market share, said on December 20 that there was no shortage of gasoline and all the gas stations that belonged to the company are fully supplied.
However, he admitted that the gasoline business is currently facing a number of difficulties. These include high foreign exchange rates and high global gasoline prices, which are causing a loss of VND2, 000 per litre to each business.
œDespite many difficulties, we are trying to overcome theses issues and to ensure that there will be ample supplies of gasoline, Mr. Dung said.
Earlier, after information that some short prom dresses agencies had to close due to a shortage in supply, deputy minister Nguyen Cam Tu of the Ministry of Industry and Trade affirmed that the ministry would ensure adequate gasoline supplies, until the end of the first quarter of 2011.