Dak Lak Province has significant potential to develop energy projects, transportation infrastructure, services, and tourism. The province announced decisions to approve investment subjects for 25 projects, with a total registered capital of 40.294 billion VND, and signed memoranda of understanding, cooperation agreements, and investment survey decisions for 78 projects with total capital of over 1.02 quadrillion VND.
The province is pursuing revised planning for 2021–2030 with a view to 2050, aiming to open new development space and lay the foundation for a two-digit growth leap in the next period. Provincial leaders stressed administrative reform, digital transformation, and building a transparent, open investment environment that accompanies enterprises.
The Dak Lak Provincial Portal reported that 25 investment subjects were approved for projects across energy, transportation infrastructure, industrial parks, urban clusters, industry, agriculture, trade, services, and tourism. Large-scale projects approved include the Srêpốk 3 floating solar power plant (7.661 billion VND), the Hoa Xuân Tây Industrial Park (4.700 billion), the Thuận Phong Dak Lak wind power plant (3.843 billion), the Hoa Xuân Đông Industrial Park (3.807 billion), NT1 and NT2 wind power projects (3.807 billion), the Krông Năng 1.1 and 1.2 wind power plants (2.578 billion), and the 500 kV Krông Buk substation and interconnection (2.150 billion), among other social housing, agro-processing, livestock, and infrastructure projects.
Additionally, the province signed memoranda of understanding, cooperation agreements, and investment survey decisions for 78 projects with total capital of over 1.02 quadrillion VND.
Investment study projects focus on three main areas: energy; transportation infrastructure, industrial parks and urban clusters; and industry, agriculture, trade, services, and tourism. Many investors proposed developing wind and solar power projects, artificial intelligence data centers powered by renewable energy, as well as highways, seaports, logistics, and large-scale industrial parks.
Notably, major firms involved include Xuân Thiện Group, Vinenergo JSC (Vingroup ecosystem), T&T Group, FLC Group, BIN Corporation, and Deo Ca Group. In remarks at the conference, the provincial party secretary emphasized that revising the provincial planning for 2021–2030 with a view to 2050 opens new development space and lays the foundation for a two-digit growth leap in the near future. The fact that 103 investors with 147 projects have been granted investment decisions, survey approvals, and memoranda of cooperation at the conference demonstrates business confidence in the investment environment, development prospects, and the province’s strategic outlook.
Provincial leaders pledged to continue administrative reform, digital transformation, and to build a transparent, open investment environment that accompanies enterprises.
Dak Lak is described as having more than 18,000 square kilometers of natural area and a strategic position linking with the South Central Coast via roads, ongoing highway investments, and proximate ports and airports. The province’s strengths in agriculture, renewable energy, processing, logistics, and tourism provide attractive potential for investors. Provincial leaders pledged to continue administrative reform, digital transformation, and to build a transparent, open investment environment that accompanies enterprises. The conference is seen as an important resource to help Dak Lak achieve two-digit growth in the near future.
