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Central Highlands’ socio-economic development reviewed

The Central Highlands Steering Committee held a press conference on the region’s socio-economic development in the first five months of 2015 in Buon Ma Thuot city, Dak Lak province, on June 8.
The Central Highlands Steering Committee held a press conference onthe region’s socio-economic development in the first five months of 2015in Buon Ma Thuot city, Dak Lak province, on June 8.

Tran Viet Hung, deputy head of the committee, said during the reviewedperiod, the disbursement of the region’s total development investmentcapital was 2.6 trillion VND (148 million USD), mainly in ruralinfrastructure development, education, healthcare and water supplyprojects in specially difficult and border communes.

The region has over newly-established 1,150 businesses with a combinedregistered capital of 3.23 trillion VND, up 6.3 percent and 8 percentagainst the same period last year, respectively.

Its index of industrial production grew 8.5 percent year on year whileagricultural production remained stable despite heavy impacts ofdroughts.

The Central Highland provinces have sawthe expansion of industrial tree plantations with green, intensiveproduction, and the increasing application of advanced technology infarming of fruits, tea, vegetable and flowers as well as fish and cowbreeding.

Coffee is among the region’s keyindustrial crops, grown in a total area of more than 573,000 hectares or88 percent of the country’s coffee-growing area.

Infrastructure development has been also received more attention withthe priority given to the upgrade of the Ho Chi Minh Highway sectionwhich runs through the Central Highlands, Pleiku Airport, and NationalRoads 20, 28 and 26.

The region has attracted morethan 212.75 trillion VND in social investment between 2011 and 2014, ofwhich 35.8 percent came from the State budget, 19.3 percent from foreignbusinesses and the remainder from other sources, Hung noted. Theinvestments were mainly pumped into projects on transportation,irrigation, industry, energy, telecommunication and rural infrastructuredevelopment, according to Hung.-VNA

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