HomeEconomyConstruction industryHanoi terminates park investment project...

Hanoi terminates operation of a park investment project of nearly 30.000m2


Specifically, in Decision No. 231, dated June 5, 6 of the Department of Planning and Investment of Hanoi City, to terminate the operation of the investment project "Amusement park complex and ancillary nearly 2023m30.000. at No. 2, 151 Yen Phu Street, Tay Ho District, Hanoi City".

It is known that this project has the investment policy decision No. 2999/QD-UBND dated June 16, 6 of the People's Committee of Hanoi City, the investor is the Entertainment Services Development and Investment Company Limited. Hanoi.

Real Estate - Hanoi terminates the operation of a park investment project of nearly 30.000m2

The complex of entertainment and auxiliary parks of nearly 30.000m2 has been abandoned for many years (photo: Huu Thang).

According to the Department of Planning and Investment of Hanoi, the reason for the termination of the project operation is that the investor is not allowed to continue using the investment location and does not carry out the procedures for adjusting the investment location within the time limit. 6 months from the date of not being allowed to continue using the investment location.

Also according to this decision, the project investor is responsible for completing the procedures for liquidation of the investment project and fulfilling the investor's obligations in accordance with the law.

 





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