Social investment in Central Highlands increases

Ta Dung - version of Ha Long Bay in the heart of Central Highlands (Photo: VNA)

Dak Lak (VNA) – Social investment in the Tay Nguyen Central Highlands has increased in recent years thanks to the improvement of the business environment.

According to the regional Steering Committee, total social investment in the region reached 267.6 trillion VND (11.77 billion USD) in 2011-2015 from 40 trillion VND (1.76 billion USD) in 2001-2005.

The proportion of non-State capital poured into the region rose from 38.37 percent in 2006 to nearly 70 percent in 2015, with Gia Lai the most attractive destination.

Central Highland provinces focused investment on developing the transport system and building irrigation facilities in Dak Lak, Gia Lai and Lam Dong.

In 2016, total gross regional domestic product exceeded 151 trillion VND (6.64 billion USD), a year-on-year rise of 7.47 percent, and per capita GRDP was estimated at 39.56 million VND (1,740 USD), up 8.57 percent.

The Central Highlands comprises Dak Lak, Gia Lai, Kon Tum, Dak Nong, and Lam Dong provinces, with total population of about 5.64 million people and 47 ethnic groups.-VNA

VNA