The Dien Ban District People's Committee in Quang Nam Province has revoked one of six coastal tourism projects and is preparing to auction it off, Than Van Lao, the district chairman, said yesterday.
The local authorities revoked the Dinh Street 1 Resort project of Dinh Street Co. Ltd. as the company had not relocated 167 households as committed, according to Lao.
Three partners have registered to bid in the auction, he said. According to Lao, the other five projects to be revoked include a five-hectare project of Que Viet Co. Ltd. in Dien Ngoc Commune.
Source: Thanhnien News