The Thanh Hoa Provincial People’s Committee has asked relevant agencies to coordinate with investors of industrial cluster projects to promptly complete their infrastructure.
The north-central province has licensed 44 industrial clusters on a total area of 1,643 ha, with total registered capital of an estimated VND11 trillion ($464 million).
However, only five have been completed and are ready to welcome investors.
Many are behind schedule due to difficulties emerging in infrastructure investment.
Local authorities have asked investors to speed up progress to complete the projects and enhance investment promotion activities to attract investment.
The local Department of Industry and Trade has been entrusted to supervise project implementation. Investors found to be unable to complete projects on schedule will have their licenses revoked.