Bright colors in the investment attraction picture

The telling numbers and projects worth tens of thousands of billions of VND are not only proof of outstanding efforts but also affirm the strategic transformation in the province's investment attraction work.

The brightest spot in the investment attraction picture is that Dak Lak has had breakthrough projects, creating strong spillover effects, laying the foundation for sustainable development. Up to now, many projects have come into operation, bringing efficiency, contributing significantly to the provincial budget revenue, creating many jobs for local workers and sharing the burden of investment resources with the State.

Typical examples are strategic infrastructure projects that open the door to connectivity. The Bai Goc port project with a capital of up to VND 24,000 billion is not simply a seaport but also the key to opening the door to international trade, making Dak Lak an important logistics hub, effectively connecting the rich agricultural raw material area with global markets.

Industrial park (IP) projects such as: Hoa Tam Industrial Park Infrastructure Construction and Business Investment Project - Phase 1, with a land use scale of nearly 492 hectares, total investment capital of more than 4,188 billion VND; Phu Yen High-Tech Industrial Park Infrastructure Construction and Business Investment Project with a scale of 251.6 hectares, total investment capital of 2,369 billion VND and Phu Xuan Industrial Park Infrastructure Construction and Business Investment Project, with a scale of 313 hectares, have been started, contributing to the formation of a modern and synchronous production space, meeting the green development trend. In parallel, the Trung Nguyen Legend Energy Coffee Factory Project (investment capital of 2,000 billion VND) is a testament to the endogenous vitality, affirming the position of Vietnamese coffee on the world map through deep processing. Meanwhile, the project of commercial center and hotel complex in Buon Ma Thuot (VND 2,400 billion) will create an architectural highlight, promoting the diversification of service industries.

Synchronous infrastructure investment is one of the key conditions contributing to creating momentum in attracting investment in the province. (In photo: A corner of Tuy Hoa urban area). Photo: H. Nhu

Dak Lak province has an extremely important strategic position in terms of security - defense and socio-economics. With a large area of agricultural land and favorable climate conditions, combined with improved processing and logistics infrastructure, the province will be a fertile land for investors.

Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee Ta Anh Tuan

Dak Lak has also gradually affirmed itself as a potential destination for FDI enterprises, especially in the fields of energy, tourism, trade, services and real estate. The fact that Indochina Capital Group has implemented high-end resort projects such as Mandarin Oriental Bai Nom and Wink Tuy Hoa Hotel is a positive signal, affirming the attractiveness of Dak Lak in the eyes of demanding investors.

Mr. Peter Ryder, CEO of Indochina Capital Group, assessed that the provincial leaders have created favorable conditions and incentives for investors. The province has great potential in tourism and manufacturing. These are the two areas that the group wants to invest in the locality. In particular, the beaches here are very beautiful, if not better than any other province in Vietnam. The mountainous area has beautiful scenery and attractive culture, which are the experiences that modern tourists expect today. In addition, in terms of geographical location, the province is also the perfect place to attract light industrial activities.

To achieve outstanding results in attracting investment, the province has made efforts to reform the investment environment systematically. Provincial levels and sectors have focused on improving provincial competitiveness, promoting the “one-stop” mechanism, and supporting investors throughout the process from the stage of requesting investment policies to project implementation. Investment promotion has been innovated, closely linked with trade and tourism promotion through conferences and professional networking forums.

In particular, the merger of Dak Lak and Phu Yen is a historic turning point, creating a new administrative entity with rare dual advantages: "golden forests" combined with "silver seas". This opens up golden opportunities for interdisciplinary and multi-sector projects, from marine economic development (metallurgy, petrochemicals, renewable energy) to the formation of closed logistics chains from agricultural - forestry - fishery raw materials to seaports. The potential to combine solar energy in Dak Lak and coastal wind energy in Phu Yen further increases the attraction in the context of global energy transition. Investors can now see a more comprehensive picture, where they can develop interdisciplinary projects, taking advantage of the dual advantages of the locality.

Chairman of the Provincial People's Committee Ta Anh Tuan (second from right) discussed with investors about the province's development potential.

Mr. Tran Quang Son, Deputy Director of the Department of Finance, said that Dak Lak identified synchronous infrastructure development as a key driving force to attract investment. The province focuses on effectively implementing plans, promptly updating the Central Government's orientation and new economic trends; mobilizing diverse capital sources for infrastructure investment. At the same time, it focuses on compensation and site clearance, especially for large-scale projects on agricultural and forestry land. Along with that, it recommends that the Central Government allow the exploitation of depleted forest land to serve project development.

With the experiences and achievements gained, along with a clear strategic vision and high political determination, Dak Lak is taking steady steps on the journey to become an attractive and reliable investment destination, contributing significantly to the prosperous development of the Central Highlands and the whole country.

- Decided investment policies for over 200 projects, with total registered investment capital of over 82,924 billion VND. Of which, Dak Lak province (old) has 100 projects, total capital: 47,567 billion VND; Phu Yen province (old) has 101 projects with total capital of 35,357 billion VND.

- Granted investment certificates and investment policies to 16 FDI projects, with total registered capital of more than 538 million USD.

(Source: Department of Finance)

Source: https://baodaklak.vn/kinh-te/202509/gam-mau-sang-trong-buc-tranh-thu-hut-dau-tu-7b62050/