Central Highlands localities court RoK investments

Deputy head of the Steering Committee for Tay Nguyen (Central Highlands) Dieu Kre has called on businesses from the Republic of Korea (RoK) to invest in the region on the basis of potential and strength of each locality. 

He made the appeal at a seminar themed “The RoK-Tay Nguyen Meeting 2017” jointly held by the Vietnamese Foreign Ministry, the RoK Embassy and the Korea Chamber of Business (KorCham) in Buon Ma Thuot city on June 16. 

The event drew the participation of 50 Korean firms and more than 300 businesses from the Central Highlands. 

At the seminar, Central Highlands provinces introduced their potential, advantages and investment projects, mostly in high-tech agriculture, processing industry, clean energy and tourism. 

Encompassing Dak Lak, Gia Lai, Kon Tum, Dak Nong and Lam Dong provinces, the Central Highlands is regarded as an important strategic area in terms of socio-economic development, national defence and security of countries. 

Located on the trans-Asia axis, the region connects with Laos, Cambodia, Thailand and Myanmar to the west, and with central and southeast coastal provinces and deep-water seaports to the east. 

The region has a lot of potential and advantages for hi-tech agricultural and forestry development, renewable energy, and ecological and cultural tourism. 

According to the Steering Committee for Tay Nguyen, regional gross domestic product surpassed VND151 trillion (US$6.56 billion) in 2016, up 7.47% annually while gross regional domestic product per capita hit VND39.56 million (US$1,720), up 8.5%. 

The region earned over two billion USD from exports, up 25.5% and 14.8% from 2015.

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