Dak Lak ... investment attraction

Dak Lak ... investment attraction

In the last few years, Dak Lak has been attracting more and more domestic and foreign investors, contributing to the socio-economic development of the province. With 74 projects in the first 11 months of 2017, total registered capital of VND2,814 billion, an increase of 19 projects and 1.8 times higher than the same period in 2016, created favorable conditions for Dak Lak to become the "destination" of investors.

The result flourishes

Investment in Vietnam - According to the Department of Planning and Investment, in the past few years the attraction of businesses to Dak Lak has not really commensurate with the potential and strength of the locality. In the period from 2016 to 2020, based on its natural potential, Dak Lak province will focus on calling for investment on key areas.

The investment projects in Dak Lak mainly concentrate on a number of areas such as processing agricultural products, preliminary processing of cattle feed, trade, services, industry especially investment in renewable energy ... Most notably, in the first 11 months of 2017, Dak Lak province has guided investment procedures for a number of domestic and foreign investors interested in investing in solar power projects such as Xuan Thien Ninh Binh Co., Ltd (Estimated investment capital of VND 52,985 billion), Dak Lak Food Processing and Forestry Co., Ltd (TH True Milk), estimated investment capital of VND 18,117 billion dong, Long Thanh Investment Joint Stock Company (Estimated investment capital 11,000 billion).. in Ea Soup and Buon Don district.

Regarding cultivation and processing of agricultural products, the objective is to form the area for growing and processing agricultural products for export such as coffee, rubber, pepper and food crops in the direction of intensive farming, improving quality and productivity, lowering production costs. At the same time, to encourage projects on the application of biotechnology and plant transformation, post-harvest preservation and processing projects with modern technology in order to minimize negative impacts of climate change and maximize the effectiveness of agricultural production through the application of modern technology.

For the industry-construction sector, the areas are particularly encouraged include: agro-forestry product processing, information technology, electronics, microelectronics, agricultural mechanics, Production of building materials. At the same time, the province also have policy for the attraction of FDI into the supporting industry in order to reduce the cost of raw materials and auxiliary materials of industries, contributing to the competitiveness of domestic products.

Besides, in the field of renewable energy, businesses are encouraged to invest in wind power and solar power projects. For services, tourism, health care, education and training, finance - banking are encouraged investment.


Related news