Attending the meeting were Permanent Vice-chairwoman of the Provincial People’s Committee Pham Thi Bich Lua and leading representative of Tuyen Hoa district, Kim Hoa commune and related departments and branches.

On the side of investor, there was Mr. La Nghe, Director General of the Dai Thong Economic Development Corporation and Mr. Dang Xuan Hue, Chief Executive Officer of the Quang Binh Import - Export Company.

The Khe Nang gold ore processing and mining investment Project is joint invested by the Dai Thong Economic Development Corporation (China) and the Quang Binh Import - Export Company with the total area of VND 100 hectares in Kim Hoa commune, Tuyen Hoa district. Its total investment is US$3.5 million and its duration for exploitation is 17 years.

Khe Nang gold mine was surveyed and appraised by the North Central geological Division - Department of Geology and Minerals of Vietnam in 1999 with gold reserves of 5,300 kg. It is expected that the implemented project will contribute to increasing the province’s industrial density, solving jobs for 200 laborers with an average income of VND1.8 million/month per capital, paying over US$1.5 million each year in local budget.

The meeting also spent much time to listen the ideals of Permanent Vice-chairwoman of the Provincial People’s Committee Pham Thi Bich Lua, leading representative of Tuyen Hoa district and departments and branches. In general, the delegates highly agreed to issue the Certificate of investment for the investor. However, some delegates have still worried about environmental problems, especially water environment; production technology and benefits between investor and related units.

Addressing the meeting, the Provincial People’s Committee Chairman Phan Lam Phuong also agreed to issue the Certificate of investment for the investor because this is the project that is in the master plan of the Provincial People’s Council and the Government assigned the Provincial People’s Committee to issue the Certificate of investment. However, he also proposed the investor need to ensure the environmental safety, use modern technology to protect environment and reduce environmental pollution. Simultaneously, Chairman Phan Lam Phuong also asked the related departments and branches to find out about the investor, appraise technology, access environmental effect of the project and co-ordinate with investor to quickly fulfil the necessary procedures to submit to the Provincial Standing Committee of the Party in the next March session.

By N.Y