DA LAT, VIETNAM – The government of Lam Dong province has officially approved a major call for investment, making available 29 strategic land plots totaling more than 1,800 hectares for public auction. This significant move is aimed at attracting domestic and international investors to spearhead a new wave of socio-economic development projects in Vietnam's vital Central Highlands region.
The initiative is designed to leverage Lam Dong's unique strengths in high-tech agriculture, tourism, and services, transforming the province into a modern, sustainable, and economically dynamic hub. The land parcels, varying in size and location, have been earmarked for large-scale projects that align with the province's long-term strategic vision.
A Strategic Push for Growth
This large-scale land offering is a cornerstone of Lam Dong's strategy to generate capital for crucial infrastructure upgrades and public services. Officials have emphasized that the selection of investors will be based not only on financial capability but also on the alignment of their proposed projects with the province's core development pillars:
High-Tech Agriculture and Processing: As Vietnam's leading region for high-tech farming, Lam Dong is seeking investment in smart agricultural zones, organic farming, post-harvest processing facilities, and a logistics chain for exporting its renowned vegetables, flowers, and coffee.
Eco, Wellness, and High-Quality Tourism: Capitalizing on its cool climate and scenic landscapes, particularly around the famous city of Da Lat, the province is calling for investment in world-class resorts, wellness centers, eco-tourism projects, and adventure sports facilities.
Modern Urban and Commercial Development: The plan includes the development of new, smart urban areas and commercial centers to support the growing population and economic activity, particularly in the expanding hubs of Da Lat and Bao Loc.
An Appealing Investment Destination
Lam Dong province presents a compelling case for investors. Its strategic location serves as a gateway connecting the Central Highlands with the dynamic southeastern economic zone, including Ho Chi Minh City, and the coastal regions of South Central Vietnam.
Key advantages include:
Favorable Climate and Fertile Land: The temperate climate and rich soil create ideal conditions for year-round agriculture and have established the region as "Vietnam's vegetable and flower capital."
Established Tourism Brand: Da Lat, the provincial capital, is one of Vietnam's most beloved tourist destinations, providing a strong foundation for further tourism development.
Improving Infrastructure: The province is serviced by Lien Khuong International Airport, with ongoing plans for upgrades. Road connectivity to major economic centers is also being consistently improved.
Supportive Government Policies: The provincial government has committed to streamlining administrative procedures and offering attractive incentives to create a favorable and transparent business environment for investors.
This tender of over 1,800 hectares represents one of the most significant investment opportunities in the Central Highlands in recent years. Authorities are confident that it will attract visionary investors ready to contribute to and benefit from Lam Dong's next chapter of sustainable and comprehensive growth. Interested parties are encouraged to monitor official channels for detailed information on the upcoming auctions.
