The People’s Committee of Central Highlands’ Lam Dong province granted decisions on investment policy approval and investment certificates for 12 projects on June 23, the Cong Thuong (Industry and Trade) Online Newspaper has reported.

Their combined registered capital totaled over VND125 trillion ($4.9 billion).

The investments are expected to go into infrastructure, tourism, agriculture and real estate.

The province also announced a list of 227 projects that are open to investment, including 36 in transport; 11 in industry; 34 in culture, sports and tourism; 36 in healthcare, six in education and training; 20 in trade and services; 62 residential and urban area projects; 12 in agricultural development; three in environmental protection; and four in mineral exploitation.