Growth potential from industrial zone and cluster projects

In the opening months of 2026, numerous industrial park and cluster infrastructure projects in the province have been constructed as well as launched, expanding the availability of land allocation alongside development space for industrial production - the provincial crucial growth driver.

Positive signals from infrastructure projects

Under the provincial orientation, the industrial park and cluster system is being developed in a modern along with synchronized manner, serving as a foundational infrastructure to attract high-tech investment together with promote sustainable economic expansion. In particular, the priorities in available land allocation and technical infrastructure development meeting environmental standards are emphasized to attract strategic investors.

In order to advance this vision, the province focuses on infrastructure investment, expanding production capacity, and creating favorable conditions to attract businesses’ investment. Notably, the Tan Tien industrial cluster, spanning nearly 75 hectares has been recently launched with the total investment exceeding 471 billion VND, oriented towards developing an ecological industrial model, applying clean technology, together with featuring synchronous and modern infrastructure. Since its launch, the Tan Tien industrial cluster has already attracted 12 registered secondary investors; once fully operational, it is expected to accommodate approximately 25 manufacturing projects with a total investment of around 2.5 trillion VND, generating jobs for some 3,000 workers.

 

The investment project for constructing and operating infrastructure of the Phu Xuan Industrial Park in Cuor Dang commune currently being attentively implemented.
The investment project for constructing and operating infrastructure of the Phu Xuan Industrial Park in Cuor Dang commune currently being attentively implemented.

Previously, the Phu Xuan industrial park commenced construction in April 2026 with a scale of over 313 hectares with registered capital of 2,477 billion VND. Currently, the first-phase infrastructure targeted for completion, aiming to complete the infrastructure by the end of October 2026 for handover to secondary investors.

Positive signals from Phu Xuan industrial zone together with Tan Tien industrial cluster indicate a growing demand for industrial production investment in Dak Lak province. Despite incomplete infrastructure, the investment registration rate has reached approximately 50% to 60%, along with continuing-interest from many businesses.

Creating a “green channel” for investors

Behind the projects’ groundbreaking and inauguration ceremonies lies the tremendous effort of the entire political system in resolving difficulties, supporting businesses, alongside accelerating the project-construction progress. Dak Lak province is proactively building a transparent as well as investor-friendly business environment with numerous mechanisms to support mechanisms.

“The locality has committed to accompanying investors, closely coordinating with relevant departments and units to promptly resolve difficulties as well as create the most favorable conditions for projects to be implemented safely, efficiently, alongside on schedule,” said comrade Le Anh Hung, Chairman of Tan Tien Communal People’s Committee.

According to the Department of Industry and Trade, the provincial overarching principle is to create all favorable conditions for investors to implement projects, especially those with capacity, responsibility, combined with long-term commitment to the locality. Accordingly, businesses investing in industrial parks and clusters will receive maximum support in resolving administrative procedures under a dedicated “green lane” mechanism to shorten application processing times.

Besides the government support, infrastructure investors also demonstrate great determination in the project implementation process. Mr. Vu Van Luyen, General Director of Bac Tay Nguyen Mineral Investment JSC, the investor of Tan Tien industrial cluster, stated: The company commits to mobilising all resources to ensure progress, comply with regulations, and also cooperate with the locality in land clearance while supporting for secondary investors.

PPC Vice Chairman, comrade Dao My emphasized: When industrial parks coupled with clusters are invested in comprehensively, they not only create momentum to attract investment but also contribute to promoting economic restructuring and increasing industrial production value. Along with the Khanh Hoa - Buon Ma Thuot expressway, these industrial parks together with clusters will become new growth poles, effectively connecting logistics, trade, and services, expanding the provincial economic development space. The province will continue to closely monitor coupled with support businesses as well as investors to promptly address any difficulties as well as obstacles arising.

Translated by TRINH THUY

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