Domestic and foreign investors have registered to pour 86 trillion VND (3.86 billion USD) into 25 projects in Central Highlands provinces between now and 2020.
A booth at a coffee festival in Buon Ma Thuot city, Dak Lak province. (Source: VNA)
Dak Lak (VNA) – Domestic and foreign investors have registered to pour 86 trillionVND (3.86 billion USD) into 25 projects in Central Highlands provinces betweennow and 2020, according to the Steering Committee for the Central Highlands.
Of which, DakLak is the largest recipient with 15 projects and 83.9 trillion VND (3.76billion USD).
Currently, fourprojects in Dak Lak province have received investment licences. Three of themare solar energy plants.
They include a 2,000MWsolar power plant with an investment of 2.2 billion USD covering over 4,192 hain Ea Sup district, a 500MW plant in Buon Don and Ea Sup districts with 16.87trillion VND (742 million USD) invested by the US’s AES Group and another with acapacity of 250MW also in Ea Sup district.
Over the pasttime, the region has issued a number of preferential mechanisms and policies aswell as simplified administrative procedures to attract investors.
According to theSteering Committee, from 2011 to 2015, the total investment in the CentralHighlands reached 265.7 trillion VND (11.9 billion USD), double the amount ofthe 2006-2010 period.
The CentralHighlands region includes five provinces – Dak Lak, Lam Dong, Gia Lai, Dak Nongand Kon Tum – with great potential for tourism an🐈d 𒁏industrial trees like coffeeand pepper.-VNA
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A booth at a coffee festival in Buon Ma Thuot city, Dak Lak province. (Source: VNA)
