Vientiane Times, 20th April 2018
Posts Tagged ‘Ministry of Planning and Investment’
Vientiane Times, 24 Oct 2014
Officials are now considering cancelling contracts on 10 projects due to failure in following national resource and environmental regulations.
The Ministry of National Resources and Environment (MONRE) told the media at a government meeting press conference yesterday that after inspecting various projects relating to their jurisdiction, the department found 10 projects were breaking regulations and the law. As a result, the ministry forwarded this information to the Ministry of Planning and Investment in order to cancel the contracts.
Deputy Minister of the National Resource and Environment Ms Bounkham Vorachit said they cooperated with other involved ministries to investigate various projects in provinces across the country.
The high sale price of alabaster has brought local people flocking to Phoukanghong Mountain in Attapeu province, where they have been digging up blocks of the mineral to sell, despite a government ban on its removal. Locals told Vientiane Times yesterday that villagers were continuing to remove the rocks illegally and with great enthusiasm, as if celebrating a festival.
Some ten mine projects are likely to have their concessions revoked after investors granted the concessions failed to abide by the agreements they reached with the government, according to an official report. The report was presented at the annual meeting of the government held recently in Vientiane when the cabinet met with the Vientiane Mayor and the provincial governors.
Director General of the Investment Promotion Department under the Ministry of Planning and Investment, Mr Achong Laomao told theVientiane Times the investors failed to take action to implement the projects within an appropriate time after getting approval from the government. Some investors also failed to pay related obligation fees and taxes to the government, he added.
The recent government meeting resolved that those companies which did not meet sufficient conditions or failed to abide by the agreements they made with the government must have their concessions revoked.
Vientiane Times, 10 December 2013
The government will consider revoking concessions for eight mining projects and four industrial tree plantation projects whose concession holders have failed to comply with the relevant laws and the terms of the concession agreements, a minister has told the parliament.
Mr Somdy Duangdy.
Minister of Planning and Investment Somdy Duangdy told the National Assembly’s sixth ordinary session which opened yesterday, that the ministry will propose to a higher authority to consider the revocations.
Vientiane Times, Sept 6, 2012.
Appropriate land management in Luang Namtha, Xayaboury and Attapeu provinces is crucially important for Laos to move off the UN’s list of least developed countries by 2020. That is the opinion of Ministry of Planning and Investment officials, who are meeting in Vientiane on September 5-6 to set up a 2012-2013 plan for Land Management and Rural Economic Development (LM-RED).
ເສດຖະກິດ-ສັງຄົມ, 27 ສິງຫາ 2012
Vientiane Times, July 17, 2012
Land compensation for villagers affected by some development projects in Laos has been found to be inappropriate and contrary to the law, according to the observation of land experts on Monday. A senior land expert Dr Palikone Thalongsengchanh told Vientiane Times yesterday that land disputes have arisen as officials did not follow the process of providing appropriate land compensation for villagers whose land is resumed. “Our law stipulates that land compensation for affected villagers who have to give up their land for development projects needs to be sufficient to improve their livelihoods,” he said. “But we have observed that many villagers get poorer after losing their land for development projects, due to inappropriate land compensation.”
Myanmar Times, July 2 – 8, 2012
HANOI – Laos will not allow any new investments in mining or grant further land concessions for rubber plantations until 2015 at the earliest due to concerns about land encroachment, state media said on June 26. The government will examine existing investment policies and assess ongoing projects, the Vientiane Times said, adding that authorities would also review the environmental and social impact of major development projects. “We approved large plots of land without looking into the details, like what land belonged to the state and which belonged to local people,” the paper quoted Minister of Planning and Investment Somdy Duangdy as saying.
Vientiane Times, June 26, 2012
The government won’t consider any new investment proposals in mining or land concessions for rubber and eucalyptus plantations until December 31, 2015. The slowdown will give the government time to review policies and assess the effectiveness of existing projects. The government will also speed up the survey and allocation of land to identify which areas are suitable for investment, and which areas should be preserved. Minister of Planning and Investment Mr Somdy Duangdy made these observations yesterday when res ponding to concerns raised by National Assembly members after a spate of development projects have encroached on villagers’ land and affected the environment.