Deputy Prime Minister Tran Hong Ha has signed Prime Ministerial Decision No. 90/QD-TTg, dated January 14, 2025, approving the implementation plan (the Plan) for Lam Dong province's development master plan for the period 2021-2030, with a vision extending to 2050.

The Plan outlines priority sectors and fields for attracting investment from non-public sources, including transportation systems and logistics infrastructure; dry ports; infrastructure for industrial parks and clusters; high-tech processing and manufacturing; high-tech agricultural projects; power generation development; clean water supply; infrastructure for education, healthcare, culture, sports, environmental protection; high-quality tourism, commerce, and services; information and communications; and digital transformation.

Additionally, the Plan prioritizes projects focused on building essential socio-economic infrastructure, developing agriculture and rural areas, and enhancing human resources. It emphasizes training high-quality professionals to meet the local socio-economic development needs, incorporating advanced science and technology, digital government, digital economy, and digital society. Environmental protection, natural resource management, and trade investment promotion are also key focuses.

The Plan encourages financial stability, long-term investment capabilities, and the ability to create linkages and invest in supporting product production.

Notably, the Plan seeks for partnership with global brands, but will not  attract  FDI projects with low efficiency, excessive labor intensity, or outdated technology.

To achieve an average annual GRDP growth of 8.5-9% during the 2021-2030 period, the province requires investment capital estimated at over VND757.5 trillion (more than $29.8 billion), including  more than VND269 trillion ($10.6 billion) for the 2021-2025 period.