A conference on the Government's Action Plan implementing Resolution No 23-NQ/TW dated October 6 this year of the Politburo will be held in Da Lat City, Lam Dong Province this Sunday.

The resolution is on socio-economic development and assurance of national defence and security in the Central Highlands until 2030, with a vision to 2045.

It is expected that 500 delegates will attend the conference.

Deputy Minister of Planning and Investment Tran Duy Dong said that this would be a "3 in 1" conference, held not only for the purpose of announcing the Government's action plan, but also promoting investment, calling for the attention of stakeholders, investors, domestic and international business associations, and development partners in accompanying the Government in the implementation of investment programmes and projects of great significance to the socio-economic development of the Central Highlands region.

It is expected that there would be a ceremony to award cooperation agreements on sustainable development in the Central Highlands between the Ministry of Planning and Investment and development partners, as well as memorandums of understanding, and registration certificates on investment for domestic and foreign investors at the conference.

Three projects would be awarded investment policies, in the fields of agricultural product processing, wood, and real estate with a scale of VND1.25 trillion (US$52.7 million).

The economic scale of the Central Highlands has increased rapidly, growing 14 times from 2002 to 2020.

The Central Highlands has become a large-scale production area for a number of key agricultural products, accounting for a high proportion, especially industrial crops and fruit trees.

However, the socio-economic development of the region still had limitations, shortcomings and many difficulties and challenges, said Dong.

These limitations and inadequacies, if overcome, combined with the potentials, advantages and resources that had not been effectively exploited would be the space and opportunity for the Central Highlands to thrive in the coming time. — VNS