Licenses withdrawn from 17 FDI projects

09:11, 16/11/2012

The Dong Nai Industrial Zones Authority has withdrawn the licenses of 17 foreign direct invested projects, with total registered investment of US$60 million. The projects had been delayed more than 12 months since the licensing date.

The Dong Nai Industrial Zones Authority has withdrawn the licenses of 17 foreign direct invested projects, with total registered investment of US$60 million. The projects had been delayed more than 12 months since the licensing date.

Several investors said they stopped work because of low financial capacity during the economic crisis.

(Source: VNS)