Harvesting coffee in Dak Lak (Source: VNA)Dak Lak (VNA) – The Central Highlands province of Dak Lak has attracted many officialdevelopment assistance (ODA) and foreign direct investment (FDI) projects aswell as non-governmental assistance, including funds from the Republic of Korea(RoK).
The provincialDepartment of Planning and Investment reported that Dak Lak now houses threeODA projects valued at a total 12.5 million USD funded by the Korea InternationalCooperation Agency.
Two other projectsworth 47.3 million USD cover food, cosmetics and medicine production and solarpower.
Dak Lak recently heldan investment promotion seminar in the RoK’s Joellabuk province with more than40 businesses participating.
During the seminar,Solarpark Global I&D of the RoK inked a memorandum of understanding withDak Lak on a solar power project, and asked for the province’s licence to carryout another project worth 45 million USD.
RoK firms havealso invested in education, water supply and waste collection and treatment inDak Lak.
Such projects havehelped the locality improve its infrastructure and reduce poverty, especiallyin remote, far-flung and ethnic minority-inhabited areas.
The province wantsRoK investments in high-tech agriculture, with priority given to projects in EaKpam commune and Ea Pok town in Cu Mgar district, and Ea Tu and Hoa Xuancommunes in Buon Ma Thuot city.
In the first six months of this year, Dak Laklured 29 investment projects, with total registered capital exceeding 1.47trillion VND (64.68 million USD), five more projects and 2.8 times the valueyear-on-year.
The province also attracted one FDI projectworth 45 million USD in the period, raising its total FDI projects to 12.
The FDI projects came from the UK, Singapore,Japan, the Netherlands, France, Thailand and the RoK.
The province has called for more foreign anddomestic investment in hi-tech agriculture, processing industry, post-harvestagro-forestry-fishery preservation and large-scale livestock farms in tandemwith food processing, renewable energy development and support industry.
Dak Lak has offered tax and land incentives forinvestors, particularly those investing in agriculture and rural areas.
It has also continued to complete administrativereform to create a favourable investment climate.-VNA
The provincialDepartment of Planning and Investment reported that Dak Lak now houses threeODA projects valued at a total 12.5 million USD funded by the Korea InternationalCooperation Agency.
Two other projectsworth 47.3 million USD cover food, cosmetics and medicine production and solarpower.
Dak Lak recently heldan investment promotion seminar in the RoK’s Joellabuk province with more than40 businesses participating.
During the seminar,Solarpark Global I&D of the RoK inked a memorandum of understanding withDak Lak on a solar power project, and asked for the province’s licence to carryout another project worth 45 million USD.
RoK firms havealso invested in education, water supply and waste collection and treatment inDak Lak.
Such projects havehelped the locality improve its infrastructure and reduce poverty, especiallyin remote, far-flung and ethnic minority-inhabited areas.
The province wantsRoK investments in high-tech agriculture, with priority given to projects in EaKpam commune and Ea Pok town in Cu Mgar district, and Ea Tu and Hoa Xuancommunes in Buon Ma Thuot city.
In the first six months of this year, Dak Laklured 29 investment projects, with total registered capital exceeding 1.47trillion VND (64.68 million USD), five more projects and 2.8 times the valueyear-on-year.
The province also attracted one FDI projectworth 45 million USD in the period, raising its total FDI projects to 12.
The FDI projects came from the UK, Singapore,Japan, the Netherlands, France, Thailand and the RoK.
The province has called for more foreign anddomestic investment in hi-tech agriculture, processing industry, post-harvestagro-forestry-fishery preservation and large-scale livestock farms in tandemwith food processing, renewable energy development and support industry.
Dak Lak has offered tax and land incentives forinvestors, particularly those investing in agriculture and rural areas.
It has also continued to complete administrativereform to create a favourable investment climate.-VNA
VNA
