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Lam Dong calls for foreign investment in 53 projects

VGP – The Central Highlands province of Lam Dong is calling for investment in 53 projects, including three national-level projects and 50 provincial-level ones.

December 27, 2017 4:32 PM GMT+7

Illustration photo

The information was released at an investment, trade and tourism promotion conference on December 26. 

Tourism and agriculture are the prioritized sectors in the province in the upcoming year, said Vice President of the Lam Dong provincial People’s Committee Nguyen Van Yen. 

Currently, as much as US$528 million was poured in 103 foreign-invested projects and 820 domestic projects, worth VND114,992 billion have been launched in the province. 

At the conference, the province encouraged investment in three national-level projects including upgrading Da Lat-Thap Cham railways, Da Lat railway station, Dau Giay-Lien Khuong Highway and Lam Dong high-tech farming area. 

Besides, 50 provincial-level projects in such areas as agriculture, tourism, service, trading, industry, science and technology were also introduced. 

Projects in the province will enjoy preferential treatment in land hire, corporate income tax, import-export, vocational training, investment promotion and market development.   

By Thuy Dung