In compliance with the Prime Minister’s Decision No.1946/QD-TTg dated Nov.26, 2009
According to Phu Huu Minh, Vice-Director of provincial Department of Planning and Investment, there are now 4 golf course projects licensed by provincial People’s Committee with total registered capital of more than US$200mln. These projects are also in line with the Prime Minister’s Decision No.1946/QD-TTg dated Nov.26, 2009 on approval of Vietnam’s golf course planning till 2020. Among them, there are 3 in operation and the remainder under construction.
Palm Song Be golf course is a typical example for the success of golf course projects in Binh Duong. Licensed in 1992, the 27-hole golf course was fulfilled in 2007 with such works as restaurant, gift shop, gym…
Till 2013, it was turned into a wholly domestic company with total investment capital of US$28.23mln. The company is also calling for investment to further build many other important items like shopping center, offices for rent…So far, the company has generated jobs for 709 laborers and paid around VND510bln for State budget a year.
Two other golf courses in Binh Duong are Twin Doves Golf Club & Resort and Mekong Golf & Villas Eco-tourism Area. Invested by Phu My Joint Stock Company, Twin Doves Golf Club & Resort covers 165.4 hectares with total investment capital of US$81.2mln. Whilst, Mekong Golf & Villas Eco-tourism Area is invested by Mekong Golf Co.Ltd with total area of 199 hectares and total investment capital of US$41mln. Like Palm Song Be Golf Course, the two golf courses have been built and tapped methodically, effectively.
Binh Duong excelled at granting licenses to golf course projects and controlling over them over the past time. In picture: A glance of Palm Song Be golf course
In compliance with provincial People’s Committee’s regulations
All golf course projects in the province were licensed under the plan and have become one of bright spots in Vietnam’s management and development of golf courses. After being licensed, they have been facilitated for construction and development from provincial People’s Committee.
At a recent meeting with the delegation of the Central Institute of Development Strategies, Tran Thanh Liem, Vice-Chairman of provincial People’s Committee affirmed that granting licenses to golf course projects and controlling over them have been realized in the right sequence by the province. This has helped the local golf course projects develop methodically and effectively.
After researching the reports by provincial Department of Planning and Investment together with the results from the delegation’s fact-finding trip, Duong Tat Thang, Head of the Central Institute of Development Strategies together with other members felt satisfied with granting licenses to golf course projects in Binh Duong and monitoring over their implementation. This was a role-model in effectively developing golf courses for other localities to follow.
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Duong Tat Thang, Head of the Central Institute of Development Strategies emphasized that transparency in land management was a special success of Binh Duong in the golf course system development compared to other localities. In Binh Duong, the local administration only granted licenses to investors, oversaw their activities, but not intervened in site clearance and compensation between them and locals. Accordingly, these investors directly negotiated land prices for compensation with locals, there by helping golf course projects herein implemented quickly and effectively. This was a great success in the local golf course planning and development.
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Reported by Khanh Vinh, H.H-Translated by K.T