Dak Lak provincial master plan for the 2021-2030 period, with a vision toward 2050, opens up novel development horizons. This affirms the province as a crucial link connecting the Central Highlands with the Central Coast region, aiming to realize the aspiration to become a hub for the green economy, logistics, alongside sustainable energy.

The plan outlines a groundbreaking spatial structure comprising three development zones, three economic corridors, combined with two growth engine centers. Notably, Buon Ma Thuot continues to assert its leading role throughout the entire Central Highlands region. The province targets an average GRDP growth rate of 11% or higher along with a per capita GRDP exceeding 150 million VND by 2030.

Mr. Pham Dong Thanh, Chairman of the Provincial Business Association, noted that businesses do not invest in the plan itself but rather in the opportunities that the plan unlocks; the plan's success is appraised not by its approval date, but by the speed at which it is put into practice.

Dak Lak province gradually asserting its crucial link connecting the Central Highlands with the Central Coast region.

To concretize commitments made to investors, Dak Lak PPC has established a task force to monitor coupled with support project implementation following the 2026 Master Plan Announcement and Investment Promotion Conference. The task force is responsible for tracking alongside expediting the progress of the 147 projects awarded at the conference, as well as swiftly resolving issues related to land, construction, together with the environment. Crucially, these procedures will be processed via a "green channel" mechanism to minimize delays.

Furthermore, businesses look forward to the province accelerating fundamental infrastructure projects, particularly those facilitating regional connectivity alongside East-West logistics. When transport coupled with digital infrastructure lead the way, complemented by close support from the task forces, private investment capital is expected to flow in sooner.

Proactively embracing the investment wave

To proactively seize the investment wave, comrade Do Huu Huy, Alternate Member of the Party Central Committee, Deputy Secretary of the Provincial Party Committee, PPC Chairman, has emphasized a commitment to a service-oriented administration. In this model, the government acts not merely as a regulatory body but as a partner, considering the businesses alongside citizens satisfaction as the administrative effectiveness benchmark.

Three-component project under the Khanh Hoa - Buon Ma Thuot expressway construction project (Phase 1) currently being fast-tracked toward completion.

The province is focusing on policy transparency to ensure stability coupled with objectivity in investment procedures, thereby giving businesses the confidence to formulate long-term strategies. Simultaneously, priority is placed on simplifying procedures through integrated "one-stop" mechanisms in conjunction with "green channels" to expedite the obstacle-solving process. These efforts are combined with strengthening digital infrastructure to drive comprehensive digital transformation, laying a solid foundation for business growth.

By transforming master plan into resources in coordination with spatial potential into value, Dak Lak province stands before its greatest opportunity during past decades. With investment capital closely linked to infrastructure along with backed by the government's resolute support, Dak Lak province is poised to become a highly attractive destination, firmly establishing its position on Vietnam's economic map for the journey ahead.

Translated by TRINH THUY