Does it set a precedent?

Quang Tri public opinion was recently quite shocked by the news that the Amacao Quang Tri 1 wind power project (total investment of 2,000 billion VND, with 12 wind power towers) owned by Khe Sanh Wind Power Joint Stock Company is seeking the province's opinion to sell 50% of its shares to two foreign companies, CNNC Overseas International Investment Limited (headquartered in Hong Kong) and Zhongyuan China Foreign Construction Company Limited (located in Beijing). The sale and purchase is normal, but what the public is concerned about is that this wind power project is located in the mountainous area of ​​the Vietnam - Laos border with a total area of ​​22 hectares.

Responding to Thanh Nien , Mr. Ha Sy Dong, Standing Vice Chairman of the People's Committee of Quang Tri province, said that he had asked the Department of Planning and Investment to consult on the document and send it to the Ministry of Public Security and the Ministry of National Defense to ask for opinions on the above issue. Currently, the locality has not yet received a response from the two ministries. The above deal is likely to cause a stir because in terms of area, the project spans 3 communes and 1 town in the border area. Therefore, the management of the area will also face many difficulties...

Also in Huong Hoa District, there are two other wind power plants that are seeking Quang Tri Province’s approval to transfer shares to investors from Singapore. Many opinions say that if this sale and purchase story is approved, it will not only cause the concerns mentioned above, but also create a precedent worth paying attention to. A precedent of individuals and organizations building factories (not just wind power projects) and then transferring them to foreign partners. Therefore, at this time, a full analysis and clear viewpoint of ministries and localities is needed.

In the long term, should the government, for construction projects in border areas, where the country's borders have a great impact on national defense and security, require investors to have commitments and obligations in transferring and buying and selling shares with foreign partners from the beginning?

Source link: https://thanhnien.vn/co-tao-thanh-tien-le-18523120319141969.htm