Central Highlands Dak Lak province lures numerous projects

14:32 | 09/10/2017 Investment

The Central Highlands province of Dak Lak has attracted numerous projects by domestic and foreign investors in recent years, according to the provincial authorities. 

Illustrative image - Source: VNA

In the first nine months this year, the province lured 48 projects with a total registered capital of more than 3 trillion VND (132 million USD), up three projects and marking a 2.4-fold increase in value year-on-year.

Most of them focus on farm produce processing, animal feed, commerce, services, industry and renewable energy.

The province agreed to present certificates allowing investment to build solar power plants in Buon Don, Ea Sup districts by Xuan Thien Ltd company, TH True Milk and the US’s AES Group.

It has provided investors with information about the business climate, incentives, procedures and a list of projects in need of capital while clearing arising barriers.

Dak Lak is now home to 12 foreign-invested projects worth 171.448 million USD, mostly in farm produce processing, animal feed, trade and export-driven floriculture.

Theo VNA