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PM urges the Central Highlands to fully tap potential for development

Updated at Sunday, 12 Mar 2017, 20:44
The Hanoitimes - Prime Minister Nguyen Xuan Phuc attended the fourth investment promotion conference in the Central Highlands held in Buon Ma Thuot city of Dak Lak province on March 11.
The biggest-ever investment promotion event in the Central Highlands attracted nearly 1,000 delegates, including economists, Vietnamese and foreign entrepreneurs, along with representatives of international organisations and diplomatic agencies.
 
Prime Minister Nguyen Xuan Phuc speaks at the conference.
Prime Minister Nguyen Xuan Phuc speaks at the conference.
During the conference, some projects received credit agreements worth over 29 trillion VND (1.27 billion USD) from banks. The People’s Committee of Dak Lak province presented investment certificates and agreements of projects with a combined capital of 80 trillion VND (3.5 billion USD) to investors.
Speaking at the conference, Prime Minister (PM) Nguyen Xuan Phuc considered the Central Highlands as a springboard to the development of the central region as well as the southeast and southwest of Vietnam.
The PM described the Central Highlands as a "sleeping beauty” whose enormous potential and advantages have yet to be fully tapped.
The Central Highlands, consisting of Dak Lak, Kon Tum, Gia Lai, Dak Nong and Lam Dong provinces,  is home to nearly 2 million hectares of basalt, or 60 percent of this soil’s total area in Vietnam, which is favourable for coffee and pepper farming.
Prime Minister Nguyen Xuan Phuc shakes hands with participants in the inventment promtoion conference
Prime Minister Nguyen Xuan Phuc shakes hands with participants in the inventment promtoion conference
Although Vietnam is a leading coffee and pepper exporter in the world, most of the exported products are unprocessed with low added value, the Government leader noted, suggesting investors focusing on these trees to rake in higher benefits.
Regarding tourism potential, PM Phuc said the region boasts imposing natural landscapes, many beautiful sites and a nice climate which are suitable for tourism and also cannot be found in other regions.
The PM stressed the Government and the region’s determination to turn the Central Highlands epics into world intangible cultural heritage, asking the region to conserve local cultural identities, especially the gong culture.
PM Phuc also required the Central Highlands provinces to form large-scale organic agricultural areas. He recommended them promote industrial development by modernising agriculture, boosting processing activities, and expanding the value chain of products from industrial trees.
The Government leader suggested that the Central Highlands needs to boost regional connectivity to expand the market for its products and promote tourism.
He reiterated the Government’s resolve in protecting forests, which is regarded as the core of security in the region as well as the entire country.
The PM praised investors in the region for creating a new momentum for local development, asking them to do as they say when investing here.
At the conference, head of the Steering Committee for the Central Highlands To Lam, who is also Minister of Public Security, pledged to support and closely cooperate with investors.
Aside from the Government’s incentives, the region’s provinces also have their own support policies such as in site clearance, infrastructure building, and making environmental impact assessment reports. They will streamline administrative procedures and ensure transparency to help investors save time and unofficial expenses, he added.
Transated by Nguyen Phuong
Source: Linh Dan-Kinhtedothi.vn
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