While the Lee & Man Paper Project is still facing issues related to environmental pollution, the Lee & Man Pulp Project is being proposed to be recovered by Hau Giang.
Report to the Ministry of Planning and Investment on the implementation of large-scale, large-use foreign direct investment (FDI) projects, Hau Giang province has officially mentioned the request for revocation of certificates. received investment for the bleaching pulp production factory project, with an output of 330,000 tons / year by investor Lee & Man. The reason given by Hau Giang is that this project has been granted investment certificates for a long time but has not been implemented, violating the provisions of the Land Law and the Investment Law.
Having been granted investment certificate since mid 2007, then adjusted in June 2011, Lee & Man Pulp Project has a total registered capital of 348.7 million USD, scale of 330,000 tons / year. As planned, the project will be built in October 2013 so that by the end of 2015, it will come into operation. However, due to slow implementation, in mid-2016, Lee & Man was forced to apply for an extension of the implementation schedule until May 2017, completed in August 2018. However, right at the time of the commitment to begin the construction of the Project - in May 2017 - Lee & Man once again unexpectedly requested to temporarily implement the Project. And this time, it is not only 1 but 2 years, there are plans for the end of 2018. That is, a project has been granted investment certificates, but until 11 years later has not been implemented and even, it is not known whether or not to continue.
Meanwhile, Hau Giang said that, with the land lease, even being granted a land use right certificate of up to 40.8 hectares since 2008, so far Lee & Man has not implemented the project. is violating the provisions of the Land Law. Similarly, Lee & Man's application for postponement of development “The project is not implemented, the use of land is not effective, affecting the land use situation of industrial parks, concentrated industrial clusters of the province, has not gone. go into operation according to the schedule registered in the investment certificate ”. The actual situation of Lee & Man Pulp Project was evaluated by Hau Giang as such. And based on this fact, Hau Giang has officially proposed the revocation of the investment certificate for this nearly US $ 350 million investment project.
Although Hau Giang only bases on the violations related to the Investment Law and the Land Law to propose the revocation of this project, in fact, many opinions believe that one of the reasons for Hau Giang's concern. That is the risk of environmental pollution.