Developing synchronous and modern infrastructure
According to the Dak Lak Provincial People's Committee, in 2024, investment attraction and promotion achieved many positive results. The province received 108 project dossiers requesting investment policy decisions with a total capital of VND 15,484 billion.
The competent authority approved the investment policy decision for 15 projects with a total capital of 3,274 billion VND.
In 2025, the Dak Lak Provincial People's Committee issued a list of 36 key projects to attract investment. These are all large-scale projects with large investment levels.
Of which, the fields of agriculture and processing of agricultural products (8 projects); construction industry (13 projects); trade, services, tourism (8 projects); sports (3 projects); environment (2 projects); education and health (2 projects).
Mr. Vo Ngoc Tuyen, Director of the Department of Planning and Investment of Dak Lak province, commented: "In 2024, the province's investment attraction work achieved many outstanding results. However, there are still many difficulties and challenges that need to be overcome."
According to Mr. Tuyen, in the coming time, Dak Lak will focus on building synchronous and modern transport infrastructure and industrial parks and clusters to create favorable conditions for businesses to invest and develop.
In 2025, the province will focus on completing key transport projects to improve infrastructure and attract investment.
Typical examples are the Buon Ma Thuot City East Bypass Project and the upgrade of Provincial Road 1. Both projects are expected to be completed by mid-2025 to increase inter-regional connectivity.
Mr. Tuyen said that when the transport infrastructure is improved, the province will encourage investment in agricultural processing projects, taking advantage of large land resources and high-quality agricultural products to increase product value.
Mr. Tuyen also emphasized that the province is reviewing and simplifying administrative procedures, reducing licensing, land, construction, tax processes, etc. Management agencies are improving transparency and providing full information for investors to easily research and access.
Attracting projects to promote the province's strengths
Mr. Nguyen Tuan Ha - Permanent Vice Chairman of Dak Lak Provincial People's Committee emphasized: "The Provincial People's Committee always creates all favorable conditions and open mechanisms for investors to develop the local socio-economy".
Mr. Ha commented that 2025 is an important milestone for the locality with many major events and activities. Therefore, the leaders of the Provincial People's Committee have requested relevant units to closely monitor and evaluate the investment quality of key projects.
The competent authorities are assigned to assign specific specialized departments responsible for monitoring and evaluating the feasibility of project implementation.
Projects must play a key role in promoting growth, creating jobs and improving the quality of life for people.
"The project implementation process must be synchronized with the province's socio-economic development planning. Planning and resource allocation for projects must be carefully considered to avoid overlap, waste or inefficiency," Mr. Ha shared.
