Investment in Central Highlands doubles

Tuesday, 26/12/2017 10:49
According to the Central Highlands Steering Committee, the region has attracted more and more investment, which helps boost socio-economic development.

Durians in Dak Lak province are packed to be consumed domestically and exported. (Photo: VNA)
In 2017 alone, localities in the region have attracted 235 projects from domestic investors with a registered capital of VND103.357 trillion, an increase of 203% compared to 2016; and 9 foreign direct investment projects capitalized USD110 million.

The results have been brought about by renewal in investment promotion by organizing meetings, editing documents, and publicizing investment projects on websites. Meanwhile, the provincial Department of Planning and Investment has carried out a wide range of activities to improve investment and business environment, especially bettering the administrative apparatus, and reforming administrative procedures to build trust among investors and businesses.

Preferential policies on investment, land hire, corporate taxes, and in agricultural production and rural areas have been made public.

Additionally, Central Highlands localities have paid great attention to planning traffic infrastructure, industrial zones, information and telecommunications, power, water and land systems to create favourable conditions for investors and businesses.

At present, they continue to call on investment in hi-tech agricultural production, organic agricultural production, tourism, luxurious resorts, processing of agricultural products, and alternative energy./.

Compiled by BTA

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