Dak Lak introduced 257 investment opportunities and pledged faster procedures and stronger support for investors.
Dak Lak Province has announced a list of 257 investment projects with total estimated capital exceeding VND1 quadrillion (USD 38.3 billion).
The province also awarded investment policy approvals, investment registration certificates, memoranda of understanding and launched several large-scale projects.
Do Huu Huy, Chairman of the Dak Lak People's Committee, speaks at the conference. Photo: Hai Duong
On the morning of June 27, the Dak Lak People's Committee held a conference to announce adjustments to the province's development plan for 2021-2030, with a vision to 2050, alongside an investment promotion event. The conference marked what local authorities described as a historic milestone, opening a new chapter of development for the Central Highlands province.
Speaking at the conference, Do Huu Huy, Chairman of the Dak Lak People's Committee, said the province is entering a new stage of development with a larger development space, stronger resources and a more strategic position following the administrative restructuring.
According to Huy, with an area of more than 18,000sq.km and a population exceeding 3.3 million, Dak Lak is no longer limited to its role as the center of the Central Highlands. Instead, it is positioned as a strategic gateway connecting the Central Highlands with Vietnam's South Central Coast.
The provincial chairman said planning only creates value when it is effectively implemented. Investors, he noted, expect not only long-term vision but also an administration that is proactive, transparent and decisive.
To achieve double-digit economic growth, the Standing Committee of the Provincial Party Committee has established a Growth Steering Committee headed by the provincial Party Secretary, along with four dedicated task forces led by vice chairpersons of the provincial People's Committee to remove obstacles facing investment projects.
The chairman also presented what he described as five key commitments to investors.
These include ensuring a stable, transparent and consistent investment environment; reducing by at least 50% the time required to process land, construction and investment procedures; and supporting businesses throughout the entire life cycle of their projects.
The province also pledged to proactively prepare clean land for investment by mobilizing the entire political system to accelerate site clearance, while maintaining regular and substantive dialogue with investors to resolve concerns under the principles of "clear responsibility, clear deadlines and clear outcomes."
Seeking more than USD 38 billion in investment
Investment policy approvals and investment registration certificates were presented to businesses at the conference. Photo: Hai Duong
The conference announcing the revised provincial development plan and promoting investment for the 2021-2030 period, with a vision to 2050, marked a major turning point for Dak Lak. It attracted hundreds of major businesses from across Vietnam, generating what provincial officials described as an unprecedented wave of investment interest.
At the event, Dak Lak officially unveiled a portfolio of 257 investment projects with total estimated capital exceeding VND1 quadrillion (USD 38.3 billion).
"Dak Lak is committed to remaining a trusted partner, sharing success with investors and turning our ambition of becoming a prosperous growth pole for the Central Highlands and the South Central Coast into reality," Chairman Do Huu Huy said.
Vietnamnet.vn
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