The Cong Thanh Cement Joint Stock Company has been required to terminate its Golden Coast Resort Hai Hoa beach tourism project in the central province of Thanh Hoa, after nearly 19 years of failing to complete necessary documentation and implementation procedures.
The investment policy for the project was approved by the Thanh Hoa Provincial People's Committee in 2006.
The project spans approximately 11 ha in Hai Hoa Ward and Binh Minh Ward, Nghi Son Town, impacting 117 households, including 76 that required resettlement.
The project saw no implementation progress for many years since approved.
In August 2016, the Provincial People's Committee granted an extension to the project’s timeline. The company committed to completing site clearance, land, and environmental procedures to start construction in October 2017 and put the project into operation by May 2019.
However, no further development materialized, leading to the termination of the project.