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Dak Lak seeks USD 40 billion for 257 investment projects

Dak Lak Province plans to unveil 257 investment projects worth about USD 40 billion as it seeks to attract capital for infrastructure, energy, urban development and services.

The Dak Lak People's Committee announced on June 19 that it will host a provincial planning and investment promotion conference on June 26-27.

The event is expected to attract around 1,000 delegates, including representatives of international organisations, experts, scientists, businesses and domestic and foreign investors.

At the conference, Dak Lak will introduce a portfolio of 257 investment projects for the 2026-2030 period, with a combined registered capital requirement of approximately USD 40 billion.

Dak Lak seeks USD 40 billion for 257 investment projects - 1
An overview of the Ez.Park Dak Lak I  Industrial Park to be built in Dak Lak Province.

The projects are concentrated in key sectors including renewable energy, urban development and housing, industrial park infrastructure, logistics and transport, agriculture and agricultural processing, healthcare, education, information technology, tourism and services.

Provincial authorities are also expected to grant investment approval decisions for 28 projects with a combined value of more than VND 43 trillion (approximately USD 1.65 billion).

In addition, 21 projects with total investment of around VND 21.4 trillion (approximately USD 823 million) are scheduled to be launched, inaugurated or officially commenced during the event.

Several memorandums of understanding are also expected to be signed with domestic and international investors.

Truong Cong Thai, vice chairman of the Dak Lak People's Committee, said the conference would be a particularly significant event for the province.

Dak Lak seeks USD 40 billion for 257 investment projects - 2
Truong Cong Thai, vice chairman of the Dak Lak People's Committee, speaks at the conference

He said the gathering would not only showcase Dak Lak's development potential and competitive advantages but also open new opportunities for growth and help mobilise resources for the province's next stage of development.

Source: Dtinews/TP
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