The Standing Board of the Provincial Party Committee recently held a working session with T&T Group JSC to discuss its proposal to invest in energy coupled with real estate projects across the province. The meeting was chaired by comrade Luong Nguyen Minh Triet, Member of the Party Central Committee, Secretary of the Provincial Party Committee and Head of the Provincial National Assembly Deputies’ Delegation.

Dak Lak provincial leaders along with T&T Group representatives performing a ceremony to sign a MOU on investment cooperation.

At the meeting, T&T Group representatives presented proposals for several key investment projects in the province. In the western area, the group proposed the East Buon Ma Thuot Mixed-Use Urban Area Project, located in Tan Lap, Buon Ma Thuot and Ea Kao wards. Covering 680.15 hectares, the project is expected to require total investment capital of approximately 44.433 trillion VND as well as will be implemented through three component projects between 2027 and 2034.

The project is envisioned as a dynamic mixed-use urban hub at the eastern gateway to Buon Ma Thuot, incorporating a financial alongside banking centre for the Central Highlands region, commercial and service facilities, sports complexes, entertainment areas combined with a modern urban residential zone.

Dak Lak provincial leaders together with T&T Group representatives conducting a field survey along Vo Nguyen Giap Boulevard to explore investment opportunities for urban development projects province-wide.

In the eastern area, T&T Group also proposed conducting investment studies for the Urban Area Project East of National Highway 1 Bypass, located in Tuy Hoa together with Binh Kien wards. The project covers more than 304 hectares, with estimated investment capital of 20.198 trillion VND, and is scheduled for implementation from 2028 to 2035.

The project aims to develop a green, smart as well as eco-friendly urban area featuring synchronised technical and social infrastructure, modern urban amenities, service spaces, ecological housing, green parks along with sports facilities.

In addition to real estate development, T&T Group proposed studying while investing in several energy projects. During the 2026-2030 period, the company targets investing in and bringing into operation energy projects in the province with a combined capacity of up to 5 GW. Looking ahead to 2035, it aims to expand total installed capacity to 15 GW.

Provincial Party Secretary, comrade Luong Nguyen Minh Triet acknowledged alongside highly appreciated T&T Group’s interest in exploring investment opportunities in Dak Lak. He emphasised that the province expects large-scale projects in the energy and real estate sectors to help unlock local potential combined with advantages, create new growth drivers, improve living standards and contribute to the provincial goal of achieving rapid together withasustainable development in the years ahead.

Translated by HAI LOAN