Lam Dong province directed relevant departments and Da Lat city to request businesses to stop all business and exploitation at the King Palace project and hand over assets before April 30.
The People’s Committee of Lam Dong province recently sent a document to the Departments of Finance, Planning and Investment, Natural Resources and Environment, Agriculture and Rural Development, Construction and the People’s Committee of Da Lat city on the withdrawal of the King Palace project. and develop a plan for auctioning lease rights.
In the document, Lam Dong Provincial People’s Committee clearly stated that, implementing the conclusion of the Standing Committee of Lam Dong Provincial Party Committee in the conclusion notice No. 734-TB/TU dated April 16, this Provincial People’s Committee assigned the Department of Finance to preside and coordinate. with the departments and People’s Committee of Da Lat city to request Hoan Cau Da Lat Joint Stock Company to stop operating business at the King Palace project.
On the morning of April 18, King Palace is still open, welcoming tourists (Photo: Minh Hau).
Force businesses to hand over assets and land of King Palace project to Da Lat City People’s Committee for management.
At the same time, develop a plan to auction lease rights, submit for appraisal and approval to organize the auction in accordance with the direction of the Lam Dong Provincial Party Committee, and report to the Lam Dong Provincial People’s Committee before April 30.
Da Lat City People’s Committee receives and manages the assets and land of the King Palace project after being handed over and organizes protection, preservation, and prevention of degradation, damage, or fallowing.
In 2020, the Government Inspectorate requested the People’s Committee of Lam Dong province to terminate the operation of the King Palace project and proceed with land recovery because the enterprise violated land and investment laws (Photo: Minh Hau).
Lam Dong Provincial People’s Committee also requested Hoan Cau Da Lat Joint Stock Company to immediately stop exploitation and business at the King Palace project. Hand over assets and land to Da Lat City People’s Committee for management before April 30.
Previously, in 2014, Hoan Cau Da Lat Joint Stock Company was approved by the People’s Committee of Lam Dong province to rent Palace I (Bao Dai Palace), Tran Quang Dieu Street, Ward 10, Da Lat City and the villas in the area. members to implement the King Palace project.
The project’s goal is to restore the current status and build new villas and hotels to serve tourists with a total initial area of about 18.2 hectares.
In March 2015, this enterprise was granted a land use right certificate and in September 2015, the King Palace project went into operation.
Lam Dong province requested to temporarily suspend the exploitation of the King Palace project before April 30 (Photo: Minh Hau).
In 2020, the Government Inspectorate requested the People’s Committee of Lam Dong province to terminate the operation of the King Palace project and proceed with land recovery due to the enterprise violating land and investment laws.
In September 2021, the Department of Planning and Investment of Lam Dong province decided to terminate the operation of the King Palace project.
In June 2022, Lam Dong Provincial People’s Committee issued a decision to recover land for this project.
However, exploitation and business at the King Palace project still take place.
On the morning of April 18, this location is still open to visitors.
Minh Hau
