Phúc Sơn Group is facing a delay in completing the Ngọc Hội Interchange project in Nha Trang, Khánh Hòa province, a crucial infrastructure development for the city. The project, with a total investment exceeding 2.6 billion USD, is now behind schedule, impacting the local infrastructure development progress.
Unfulfilled Commitments
Following a request from the Khánh Hòa Provincial Department of Investment and Construction, Phúc Sơn Group committed to starting the Ngọc Hội Interchange and the Vành đai 2 road projects. However, as of April 10, 2025, construction has not yet commenced.
Delays and Follow-up Letters
At the end of 2024, Phúc Sơn Group pledged to finalize stalled projects in Nha Trang, including the Ngọc Hội Interchange. Detailed plans were submitted to Khánh Hòa province. Recognizing the project’s lack of progress, the provincial department issued a follow-up letter on April 8, 2025.
(Phúc Sơn Group delays in Nha Trang – 1)
Originally, Phúc Sơn Group planned to transport equipment to the Ngọc Hội Interchange site in March and begin construction in April. These plans remain unimplemented.
(Phúc Sơn Group delays in Nha Trang – 2)
Causes and Consequences
The delay could stem from various factors. This article does not attempt to pinpoint specific causes but rather highlights the project’s postponement. The delay has significantly impacted Khánh Hòa province’s infrastructure development schedule.
Related Case of Phúc Sơn Group
Previously, Nguyễn Văn Hậu, Chairman of Phúc Sơn Group, was indicted and detained for accounting violations. This event, coupled with the project delay, is hindering business cooperation between the company and the province. Phúc Sơn Group has pledged to continue implementing remaining projects in 2025, but these commitments have yet to be fulfilled.
Proposed Solutions
To ensure project completion on schedule and with quality, Khánh Hòa province needs to continue its follow-up efforts with Phúc Sơn Group and investigate the underlying reasons for the delay.
Source:
https://dantri.com.vn/xa-hoi/tap-doan-phuc-son-lai-lo-hen-voi-khanh-hoa-20250410115432226.htm
Note: This article is based solely on information from the referenced source.