Dak Lak attracts US$109.6 million in investment

The Central Highlands province of Dak Lak has attracted dozens of projects with a large amount of investment, thereby helping to foster the locality’s socio-economic development, said a local official.

dak lak attracts us$109.6 million in investment hinh 0

Since the beginning of 2018, the province has approved 31 projects with a total investment of VND2,488 billion (around US$109.6 million), up three projects and 104% in terms of capital as compared to the same period last year, said Vice Chairman of the provincial People’s Committee Nguyen Tuan Ha.

The newly-approved projects mainly focus on industry, solar energy, wind power, agricultural-forestry product processing and tourism, he said.

In the recent past, Dak Lak has stepped up investment promotion by introducing its potential, investment opportunities and key projects at overseas and domestic conferences, and working directly with foreign investors.

The province has provided both domestic and foreign investors with updated information about the list of projects calling for investment and its investment environment as well as removing their difficulties and obstacles during the process of implementing projects.

In addition, Dak Lak has also publicised its investment incentives such as land rental reduction and exemption, and import tariff exemption for equipment, materials, transport vehicles and goods to serve projects in the province.

To draw more projects in the time ahead, the province plans to continue increasing investment promotion activities and working closely with ministries and sectors to grasp investment orientations and priorities of investors and donors.

VNA

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