On July 6th, Mr. Nguyen Hong Quang, Vice Chairman of the Quang Nam Provincial People's Committee, signed a document regarding the policy to halt implementation for final settlement and handover of the Son Vien Resettlement Area, Duy Hai Resettlement Area (Phase 2), and Duy Hai Resettlement Area (Phase 3) projects in Duy Xuyen district.
Accordingly, the Quang Nam Provincial People's Committee agreed to halt the implementation of the three projects, which were invested in by Ky Ha Chu Lai Quang Nam Investment and Development Joint Stock Company, and hand them over to the Duy Xuyen District People's Committee to continue their implementation.
The Nam Hoi An Resort Project.
The Department of Planning and Investment is responsible for advising the Provincial People's Committee to decide on transferring the investor role from Ky Ha Chu Lai Quang Nam Investment and Development Joint Stock Company to the Duy Xuyen District People's Committee before July 10th to continue implementing the project and promptly facilitate resettlement arrangements.
The Ky Ha Chu Lai Quang Nam Investment and Development Joint Stock Company is responsible for promptly handing over all relevant legal documents and the site to the Duy Xuyen District People's Committee for acceptance and continued implementation to complete the projects.
Hire an independent consulting firm with the necessary expertise to inspect the quality, organize measurements, and evaluate the completed construction items; prepare documents and procedures to submit to the Department of Construction, which will coordinate with relevant departments and agencies, and the Duy Xuyen District People's Committee to inspect the acceptance of completed projects at the technical completion point, and prepare settlement procedures to hand over the invested value to the Duy Xuyen District People's Committee.
The Duy Xuyen District People's Committee will receive the project documents, procedures, and site to continue organizing construction and carrying out related procedures to promptly arrange resettlement for households affected by the Nam Hoi An Resort project and other projects in the area.
The Department of Finance, in coordination with relevant departments and agencies, will review and provide feedback on the audit reports of project implementation costs, serving as the basis for the investor to approve the final settlement of projects that have been halted; at the same time, it will lead and coordinate with relevant departments and agencies to research and advise the Provincial People's Committee on resolving the payment of investment capital for projects that have been settled in accordance with regulations.
The three resettlement projects in Duy Xuyen district – Son Vien Resettlement Area, Duy Hai Resettlement Area (Phase 2), and Duy Hai Resettlement Area (Phase 3) – are resettlement projects serving the land clearance for the Nam Hoi An Resort project.
Inside the Nam Hoi An Resort project.
The Nam Hoi An Resort Project was granted an Investment Certificate by the Quang Nam Provincial People's Committee on December 10, 2010, with the first amendment certificate issued on March 23, 2015. The Chu Lai Open Economic Zone Board issued the second amendment certificate on August 2, 2016, and the Quang Nam Provincial Department of Planning and Investment issued the third amendment certificate on September 28, 2020.
The project covers an area of 985.6 hectares, located in Duy Hai and Duy Nghia communes, Duy Xuyen district, and Binh Duong commune, Thang Binh district.
The investor is Nam Hoi An Development Company Limited, a subsidiary of VinaCapital Group.
The project is divided into 7 phases with a total investment of $4 billion. Phase 1, developed on an area of 163 hectares with an investment of $500 million, includes an 18-hole golf course meeting international competition standards and a 1,000-room resort, which is already operational.
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