Why can't the Beilun Shi Min plot be started?

The reasons for the delay of block construction in Beilun Min Oilfield are as follows:

1. Permit and approval: The project needs to obtain the construction permit and approval of relevant departments. The approval process may take a long time, especially for large projects or complex procedures.

2. Funding problem: The project investors encountered difficulties in raising funds, financing or negotiating loans with banks and other financial institutions, which led to the postponement of the project.

3. Design and planning adjustment: Sometimes, the project needs to be adjusted in design and planning to meet market demand, legal requirements or environmental protection requirements. These adjustments will take time, which will delay the start of the project.

4. Market changes: When market conditions change, such as unstable economic situation, declining demand or changing industry development trend, investors need to re-evaluate the feasibility of the project, thus delaying the start of the project.