Dak Lak launches many strategic projects, creating a spreading influence for development...

Joining in the exciting atmosphere to celebrate the 80th anniversary of the National Day of the Socialist Republic of Vietnam (September 2, 1945 - September 2, 2025), on the morning of August 19, the People's Committee of Dak Lak province coordinated with Hoa Phat Group to organize the groundbreaking ceremony of 3 major projects, opening up many new opportunities for the locality to continue to attract large-scale projects to the Nam Phu Yen Economic Zone.

Hoa Tam Industrial Park Infrastructure Construction and Business Investment Project - Phase 1, invested by Hoa Tam Industrial Park Infrastructure Development Joint Stock Company (under Hoa Phat Group ) with a land use scale of 491.87 hectares, total investment capital of about 4,188 billion VND.

The project is built with synchronous infrastructure with the goal of serving the formation of Hoa Phat Iron and Steel Complex with a capacity of 6 million tons/year, total investment capital of about 84,000 billion VND, creating jobs for more than 24,000 workers and other supporting industries.

Bai Goc Port Construction Investment Project invested by Bai Goc Phu Yen Port Joint Stock Company (under Hoa Phat Group) has a scale of 12 ports, capable of receiving ships with a capacity of up to 220,000 DWT fully loaded, with a design capacity of 26.7 million tons/year, with products and services provided: loading, unloading, storage and transportation of goods directly serving the needs of forming and developing Hoa Tam Industrial Park, oil refining complex, metallurgy and energy industry. The project has a total area of about 306.91 hectares (land area 83.75 hectares, water surface area 223.16 hectares), total investment capital of about 16,300 billion VND.

On the same morning, Dak Lak province also launched the High-Tech Industrial Park Project in Hoa Hiep ward invested by N&G Group with a scale of more than 250 hectares and a total investment of nearly 2,400 billion VND.

When these projects come into operation, they will create a spillover effect for the development of the province's trade and service sectors; create jobs for tens of thousands of local workers, contribute to improving people's lives, stabilizing social security and increasing sustainable budget revenue, opening up many new opportunities to continue attracting secondary investors and large-scale projects to the Nam Phu Yen Economic Zone.

Chairman of Dak Lak People's Committee Ta Anh Tuan said that the province identified sustainable industrial development as the main driving force for economic growth, creating sustainable budget revenue and creating jobs for local workers. Along with that, the province is also synchronously implementing administrative reform solutions, improving the investment and business environment, and mobilizing many other resources to synchronously develop infrastructure in the Nam Phu Yen Economic Zone.

Continue to approach strategic investors to attract investment in projects in industries and fields with competitive advantages and high added value such as metallurgy, refining, petrochemical, energy, high-quality resort tourism, etc., contributing significantly to the socio-economic development of the locality in the coming time and aiming to achieve the double-digit growth target in the period 2026-2030.