DakLak (VNA) – The Central Highlands province of Dak Lak has attracted dozensof projects with a large amount of investment, thereby helping to foster thelocality’s socio-economic development, said a local official.

Sincethe beginning of 2018, the province has approved 31 projects with a total investment of 2,488 billion VND (around 109.6 million USD), up three projectsand 104 percent in terms of capital as compared to the same period last year,said Vice Chairman of the provincial People’s Committee Nguyen Tuan Ha.

Thenewly-approved projects mainly focus on industry, solar energy, wind power, agricultural-forestryproduct processing and tourism, he said.

Inthe recent past, Dak Lak has stepped up investment promotion by introducing itspotential, investment opportunities and key projects at overseas and domesticconferences, and working directly with foreign investors.

Theprovince has provided both domestic and foreign investors with updatedinformation about the list of projects calling for investment and itsinvestment environment as well as removing their difficulties and obstacles duringthe process of implementing projects.

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

Todraw more projects in the time ahead, the province plans to continue increasinginvestment promotion activities and working closely with ministries and sectorsto grasp investment orientations and priorities of investors and donors.-VNA