On April 16th, Lak District People's Committee held an investment promotion conference 2021 under the theme "Potential of Lak district - Opportunities of businesses". At the conference, investors signed a memorandum of understanding to implement projects in Lak District with a total capital of nearly VND 1,450 billion.

Leader of Lak District awards investment Certificates to the project
Specifically, Lak District People's Committee awarded the Investment Certificates for 3 projects with total capital of VND 1,450 billion including: Yang Tao Industrial Cluster of Tri Viet Human Resources Training and Investment Joint Stock Company; construction of a commercial residential area in the southwestern area of Lak lake and the commercial housing area in the center of Lien Son Township of Tan A Dai Thanh Group Real Estate Joint Stock Company; Sports, services and resort area in Lien Son Township for Saigon Construction and Trading Co., Ltd. On this occasion, Lak District called for investment in projects in the fields of tourism, trade, and high – tech agriculture.

Overview of Lak Lake Resort proposed by APG Company
In particular, Lak District called for investment in a series of projects around Lak Lake such as: sports-tourism-resort-entertainment complex and Lak Lake tourism center (VND 300 billion), D’rung Island Tourist Area of Lak Lake (VND 200 billlion), Lak lake Hotel (VND 100 billion), Eco – tourism area and natural conservation, sustainable development under the capony of forests along Lak Lake (VND 50 billion), Bao Dai Hill Resort (VND 300 million), Lak Lake Central Resort (VND 300 billion), Lak Lake Landscape Hill Resort (VND 400 billion), Lak District Complex Tourism Area (VND 100 billion)... In total, Lak District called for nearly 40 projects, with a total investment capital of more than VND 4 trillion.

Enterprises in Lak district participate in promoting specialties at the conference

Introduce the traditional weaving of local people
According to Deputy Director of the Central Institute for Economic Management, Lak District is one of the few districts nationwide to hold investment promotion conference. This event is considered as the first step of series of activities in the coming time, so local leaders need to regularly contact with the business community to implement projects, continue administrative reforms, and create conditions for investors to carry out procedures related to projects. The quality of the business environment is a decisive factor besides the transport infrastructure.
"I am really impressed and highly spoke of Lak district when organizing a large-scale investment promotion conference. It shows that district’s officials have changed their mindset in local development. For many years, Lak district has focused on private economic development, considering it as a driving force of the local enemy. This event is just the beginning step and the local government needs to implement more activities to help the locality develop in all areas. However, involved parties should avoid causing impacts on the environment and natural ecosystems in the locality when investing and developing large-scale projects,." – Mr. Phan Duc Hieu said.
Mr. Vo Ngoc Tuyen - Secretary of Lak District Party Committee said that along with promoting economic growth targets, Lak district has always focused on attracting and calling for investment. The 15th Party Committee of Lak District for the term of 2020 - 2025 issued 2 resolutions on mobilizing resources to build and turn Lak district into a key tourist area of Dak Lak province by 2030 and lead the restructuring of crops and livestock in the 2021 – 2025 period.
In the coming time, Lak district continues to innovate strongly in all fields; effectively mobilize resources for development investment; continue to improve the investment environment; drastically reform administrative procedures, ensure social order and security to create favorable conditions for enterprises.
"This investment promotion conference will be an important prerequisite for investment activities in the district to change and flourish in the coming time, contributing to changing the face of the locality, developing Lak District to become an attractive destination for investors" - Mr. Vo Ngoc Tuyen expected.
Kim Bao