Dak Lak attracts more than 10,000 billion dong of FDI invested in wind power

In the first quarter of 2021, Dak Lak province issued Decision on investment policy for 10 investment projects with a total investment capital of 10,185.96 billion VND. Although reducing 2 projects, the total investment capital increases by 9,405 billion VND compared to the same period in 2020. The provincial People’s Committee decided on the policy for 6 FDI projects in the wind power sector, the total registered investment capital was 10,088 billion VND, therefore, the total investment capital of the project in the first quarter of 2021 increased sharply over the same period.
Among them, there are 2 wind power plants with a total capacity of 70 MW, with an investment of more than 2,210 billion dong, belonging to VNM Investment Company Limited (Singapore). Specifically, the Alpha VNM power plant is invested in the communes of Ea Sol, De De Yang and Ea Hiao (Ea H’leo district), with an area of nearly 6.5 hectares, a capacity of 20 MW, a total investment of 650 billion VND. And Beta wind power plant is invested in the wards of Dat Hieu, An Binh, Doan Ket, Thong Nhat, Binh Tan and Cu Bao commune (Buon Ho town), Ea Ngai commune (Krong Buk district) and Ea Tul commune (district Cu M’gar), area of 10.9 ha, capacity of 50 MW, total investment of VND 1,560 billion.
With potentials in agriculture, processing industry, ecotourism, renewable energy, Dak Lak is considered a destination of many investors. Dak Lak province is committed to creating all conditions for investors through the full, consistent and consistent implementation of preferential policies on land lease, infrastructure, administrative procedures, training support, labor recruitment …  promptly handle difficulties and problems of investors in the process of project implementation such as land use planning; formulate compensation plans for land clearance for land areas subject to clearance, determination of compensation funding, land recovery, construction of land rental unit prices.
With the view that investors coming to Dak Lak as citizens of Dak Lak, the success of investors is the success of Dak Lak, so the province always creates favorable conditions for investors, especially administrative reform. Dak Lak will create a favorable and open environment for investment and business, improve local competitiveness, gradually build Dak Lak into an attractive destination to attract domestic and foreign investors.

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