April 25, 2024 13:41
(PLO)- To reclaim Palace 1, the Department of Finance of Lam Dong province proposed to allocate nearly 56 billion from the budget to pay Hoan Cau Joint Stock Company.
On April 25, Regarding the King Palace (Dinh 1) project, the Department of Finance of Lam Dong province sent a document requesting the Provincial People’s Committee to refund costs to the Joint Stock Company. Hoan Cau (Hoan Cau Company).
Currently, Palace 1 in Da Lat City is invested by Hoan Cau Da Lat Joint Stock Company. Photo: VT
This is the consensus result after a working session between the Department of Finance and the Departments of Planning and Investment, Natural Resources and Environment, Justice, Construction and People’s Committee of Da Lat City and the working session with Hoan Cau Company on April 16.
Accordingly, Hoan Cau Joint Stock Company agreed that the investment amount until December 31, 2022 is more than 112 billion VND and proposed an additional amount incurred to date of nearly 29 billion VND. Hoan Cau Company proposed to pay 141 billion VND to return Palace 1 to Lam Dong Provincial People’s Committee.
However, this number was only accepted at 112 billion VND, and the additional amount that Hoan Cau Company proposed was not accepted because the Department of Finance believed that this was the investment amount after the time of withdrawal and termination of investment. .
Also according to the Department of Finance, from the total project investment value of more than 112 billion VND, more than 36 billion in depreciation and nearly 3 billion in rent for Palace 1… are deducted, so the actual amount that Lam Dong province must repay paid is nearly 73 billion VND.
Also at the request of this agency, the province appropriated the state budget to immediately refund nearly 56 billion VND to Hoan Cau Company. The remaining more than 17 billion will be put into the auction plan for the winning bidder to pay to Hoan Cau Company.
Lam Dong has agreed on the amount of money to recover Palace 1. Photo: VT
Previously, the Standing Committee of the Lam Dong Provincial Party Committee assigned the Department of Finance of Lam Dong province to preside and coordinate with relevant departments and branches, and the People’s Committee of Da Lat City invited the investor to work to determine the project’s termination time. King Palace.
King Palace project in Da Lat City is invested by Hoan Cau Da Lat Joint Stock Company and The Dàlat at 1200 project is invested by Acteam International Company Limited (resort and golf course) in Da Ron commune, Don Duong district.
The Standing Committee of the Provincial Party Committee also requested the competent authorities to request the investor to stop operating and operate the project after the decision to withdraw and determine the actual investment value for compensation after termination. and withdraw the project.
