Central Highlands urged to improve investment promotion

Wednesday, 2017-01-11 03:57:58
 Font Size:     |        Print

Minister of Public Security To Lam at the conference
 Font Size:     |  

NDO/VNA – Head of the Steering Committee for the Central Highlands To Lam asked the region to improve investment promotion methods in order to draw investors to high-tech agriculture, clean energy, the processing industry, cattle breeding and tourism during a meeting in Dak Lak province on January 10.

Lam, who is also Minister of Public Security, urged the committee, regional authorities, Party units, ministries and agencies to fully grasp the resolution adopted by the 12th National Party Congress and others set at the fourth plenum of the 12th Party Central Committee, in order to direct socio-economic development and ensure national defence-security.

On the economic front, localities were asked to review socio-economic and sectoral planning, speed up the restructuring of public investment, State-owned enterprises and agriculture in tandem with new rural development while facilitating start-ups.

In regards to land issues, the region needs to push forward with forest planting and seriously abide by the Prime Minister’s directions on forest management and protection, conserving natural forests and sustainable forest recovery, he said, adding that localities should consider devising special mechanisms to rally resources for regional transport connectivity and improve the well-being of ethnic groups.

Regional localities were also required to consolidate grassroots political systems, with a focus on improving the quality of Party units and members in key areas.

Despite prolonged drought last year, the regional gross domestic product surpassed VND151 trillion (US$6.56 billion), up 7.47% annually while the gross regional domestic product per capita hit VND39.56 million (US$1,720), up 8.57%.

Total social investment reached VND78.79 trillion (US$3.42 billion), a 7.25% increase.

The number of newly-established firms increased and registered capital rose year-on-year.

Thanks to the adoption of technological advances, agricultural production recovered quickly from drought. More attention was also paid to forest protection and development.

Positive results were recorded in the national target programme on new rural development and policies targeting ethnic minority groups.

Participants proposed offering more incentives to farming enterprises, allocating production land for ethnic minorities, and rallying resources for transport infrastructure connectivity in the region and adjacent areas.

At the event, Lam presented gifts, each worth 500,000 VND (21.7 USD), to 7,400 poor residents in the Central Highlands and mountainous districts bordering the region on the occasion of the upcoming Lunar New Year.