Lam Dong Provincial Leaders work with Novaland Group

Many difficulties and obstacles at projects that Novalan Group is investing in in Lam Dong province have been identified by the provincial leaders, who are discussing solutions to resolve them in the near future.

A view of the working session between the leaders of Lam Dong province and Novaland Group.

On the afternoon of June 3rd, the leaders of Lam Dong province held a working session with Novaland Group Joint Stock Company to discuss the progress and direction of investment projects in the province.

Members of the Standing Committee of the Lam Dong Provincial Party Committee at the working session.

Receiving and working with the corporation, on the Lam Dong side were: Y Thanh Ha Nie Kdam, Member of the Central Committee of the Communist Party of Vietnam, Secretary of the Provincial Party Committee, Head of the Provincial National Assembly Delegation; Ho Van Muoi, Member of the Central Committee of the Communist Party of Vietnam, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; Dang Hong Sy, Permanent Deputy Secretary of the Provincial Party Committee; Luu Van Trung, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council. The Vice Chairmen of the Provincial People's Committee and leaders of various departments and agencies also attended.

Representatives from Novaland Group attended a working session with the leaders of Lam Dong province.

Representing Novalan Group were Mr. Bui Thanh Nhon, Founding Chairman of Novalan Group; Mr. Bui Cao Nhat Quan, Chairman of the Board of Directors of Novalan Group, and other members in attendance.

Opening the meeting, Chairman of the Provincial People's Committee Ho Van Muoi emphasized that the spirit of removing difficulties for businesses and investors is currently very strong from the central to local levels. Stemming from this spirit, along with the proposed solutions from Novaland Group and the province's willingness to listen, Lam Dong wishes to hear about the difficulties faced by the group.

Member of the Central Committee of the Party, Deputy Secretary of the Provincial Party Committee, and Chairman of the Provincial People's Committee, Ho Van Muoi, expressed his hope that the locality and the corporation would share ideas and find common ground to work together in the future.

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Novaland Group is currently the largest investor in Lam Dong province. The company has implemented numerous projects with a total investment of billions of USD. Lam Dong province hopes to share information and find common ground with the investor in resolving difficulties and obstacles in these projects.

Member of the Central Committee of the Party, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee Ho Van Muoi

According to the Chairman of the Provincial People's Committee, with the many projects that Novaland Group is implementing, if a common ground cannot be found, the situation will remain difficult. Only when the "bottlenecks" in these projects are resolved will the two sides continue to cooperate on new projects.

Lam Dong province hopes to see and feel more clearly the responsibility of investors in each project. For difficulties within the province's jurisdiction, specialized departments and localities will resolutely step in to resolve them. As for obstacles under the authority of the central government, Lam Dong hopes that investors will proactively work to resolve them as soon as possible.

Novaland Group's General Director, Duong Van Bac, presented an overall report on the difficulties and obstacles faced by the projects.

Reporting at the meeting, Novaland Group stated that it has 7 projects currently under investment and research, and is preparing proposals for investment approval in Lam Dong province.

Of these, 5 investment projects are in the form of capital contribution, share purchase, or purchase of equity stakes in enterprises that have received investment approval; and 2 projects are in the research and dossier preparation phase for investment approval.

Mr. Bui Thanh Nhon, founding chairman of Novalan Group, proposed solutions to overcome difficulties in the projects at the working session.

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The corporation is very grateful for the proactive approach of Lam Dong province. The company has always considered Lam Dong a strategic investment location in the coming years. We hope that any obstacles and difficulties will be resolved soon so that the project can become operational. The corporation is committed to creating effective and innovative investment models and accompanying the locality in its economic development journey.

Mr. Bui Thanh Nhon, Founding Chairman of Novaland Group

Deputy Secretary of the Provincial Party Committee Dang Hong Sy requested that the corporation conduct thorough research and ensure all legal aspects are met before proposing to the local authorities to extend the project implementation time.

During the meeting, members of the Provincial Party Standing Committee, the Vice Chairman of the Provincial People's Committee, and representatives from relevant departments, agencies, and localities involved in the project focused on discussing and finding solutions to overcome difficulties in the project's implementation. Provincial leaders requested that the corporation conduct thorough research and ensure a complete legal basis before proposing an extension of the project's implementation period.

Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Council, Luu Van Trung, proposed that departments and agencies work alongside investors until the final outcome is achieved.

Investors need to hire consultants in the field of mineral reserves and develop an economically viable plan before submitting it to the local authorities. At the same time, they must fulfill all financial obligations to gradually overcome difficulties during the implementation process. Relevant departments and agencies will work alongside the corporation to resolve difficulties and achieve the final result.

During the meeting with Novaland Group, the Provincial Party Secretary Y Thanh Ha Nie Kdam emphasized that Lam Dong province welcomes the group's visit and their very practical proposals for the province.

Provincial Party Secretary Y Thanh Ha Nie Kdam requested the Provincial People's Committee and leaders of departments and agencies to develop a specific roadmap and solutions to resolve obstacles for the corporation.

Local authorities consistently uphold the spirit of supporting and resolving difficulties and obstacles for businesses and investors with projects in the area. This is both a responsibility and an incentive for the locality to attract investment and contribute to economic growth.

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Lam Dong province highly appreciates Novaland Group's identification of the locality as a strategic investment location. Regarding the difficulties and obstacles faced by the group, the Provincial People's Committee has determined a roadmap, solutions, and approaches, with the resolve to resolve them completely and achieve the desired outcome for the investor.

Member of the Central Committee of the Party, Secretary of the Provincial Party Committee, Head of the Provincial Delegation of National Assembly Deputies Y Thanh Ha Nie Kdam

The Provincial Party Secretary emphasized that provincial leaders, departments, and localities with projects must view the difficulties of businesses as if they were their own. Only then can all obstacles be gradually overcome.

The Provincial People's Committee should consider and adopt the innovative ideas from the corporation, and then apply them as a pilot project in the provincial planning. Novaland Group, for its part, will continue to partner with Lam Dong to jointly elevate the locality's development.

Novalan Group is a subsidiary of NovaGroup, a conglomerate operating in various sectors including real estate, services - tourism - entertainment, consumer goods, and construction. Novalan develops three main product groups: urban real estate, tourism real estate, and industrial real estate, with over 50 projects currently under investment.

The group's flagship projects include: Sunrise City; The Prince Residence; NovaWorld Phan Thiet, NovaWorld Ho Tram; NovaWorld Mui Ne…

Along with developing projects, Novaland Group has contributed over 400 billion VND to social welfare and community development.

Source: https://baolamdong.vn/lanh-dao-tinh-lam-dong-lam-viec-voi-novalan-group-445935.html