6/19/2009 8:23:21 AM

VND1,500 billion (apprx. $83mil) has been poured into 20 projects on trade, tourism, services, agriculture and forestry in the Central Highland province of Dak Lak.

Large investments include VND463 billion for a project to extend the Central Highland coffee processing factory, VND366 billion for Central Highland Hospital, VND17 billion for the Rang Dong bus station, VND117 billion for a car park built by Thuan An Co. Ltd., VND50 billion for restaurant and hotel by Thien Ha Co. Ltd., and VND14 billion for a trade and service centre by Vietnam National Coffee Corporation.

In addition, many large projects have been put into operation such as a project to extend Sai Gon-Central Beer Factory with total investment of VND487 billion, a trade and service centre built by Dak Lak Rubber Company at VND80 billion and an international private school by Yen Ngan Co. Ltd., with VND22 billion.

Those projects were undertaken to infuse the local budget with income and provide jobs. To ensure the feasibility of registered projects and maximize the efficiency of local land use, the provincial people’s committee has guided local departments to carefully track each project, play a supervisory role, keep the projects on schedule and keep tabs on investors to ensure funds are released according to the agreed-up on timetable.

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