The Next Billion-Dollar Investment Destination: A Western Highland Province’s $5 Billion Opportunity with Vingroup, Trung Nam, THACO AGRI, and Nutifood.

The province is set to grant investment cooperation memorandums to 42 projects, boasting a total registered capital of nearly $3.6 billion. Additionally, the conference witnessed the granting of investment registration certificates and investment policy decision approvals to 27 projects, with a total registered capital of over $1 billion.

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Today, the People’s Committee of Gia Lai province will host the Gia Lai Investment and Trade Promotion Conference 2025 at Muong Thanh Grand Gia Lai Hotel. The event will witness the signing of memorandums of understanding for 42 projects with a total registered capital of nearly USD 3.6 billion. Simultaneously, investment certificates will be granted to 27 projects with a total investment of over USD 1 billion.

The projects cover a diverse range of strategic sectors. Among the 42 MOU projects, the industrial sector takes the lead with 23 projects, followed by agriculture, forestry, and fisheries with 13 projects. There are also 3 projects in the tourism and service sector, 2 in real estate and urban economics, and 1 in port and logistics services.

Notable investments include Trung Nam Construction and Investment Joint Stock Company in renewable energy (USD 9.96 billion); Vinenergo Joint Stock Company (under Vingroup) in renewable energy; Nhon Hoa 2 Energy Joint Stock Company (USD 9.5 billion) in renewable energy; and Sun Group (USD 10 billion) in tourism.

In the field of agriculture, THACO AGRI Joint Stock Company is investing in two projects: a forest plantation combined with cattle breeding (USD 423 million) and an industrial-agricultural cluster and logistics center (USD 20.4 million). Other significant investments include the Bien Hoa-based Thanh Thanh Cong Joint Stock Company in an agricultural product manufacturing and processing plant, Nutifood Nutrition Food Joint Stock Company with a USD 6 billion investment to expand its dairy farm and processing plant, and cooperation with the province to promote Gia Lai as a dairy paradise and establish an agricultural research institute.

Out of the 27 licensed projects, 13 are in the industrial sector, 1 in energy, 7 in infrastructure construction, 4 in trade-tourism services, and 2 in agriculture, forestry, and fisheries.

Notable projects include the Phu My Investment Group Joint Stock Company’s construction of the Phu My Port – Phase 1 (USD 6.087 billion); Arita Joint Stock Company’s mixed-use apartment building project at 72B Tay Son, Quy Nhon Nam Ward (USD 3.509 billion); and a joint venture between Barin Joint Stock Company and Oriental Medical Joint Stock Company investing in the Long Van International Hospital (USD 1.337 billion).

Notably, the provincial leaders of Gia Lai will deliver an important speech at the conference, extending an invitation for cooperation and committing to creating favorable conditions for investors in the province.

To support investors and businesses, the province has organized an economic exhibition at the Muong Thanh Grand Gia Lai Hotel, including investment, trade, and tourism promotion booths, OCOP product displays, AI technology demonstration booths, and programs for investors to explore opportunities in the province.

This event not only showcases impressive figures in terms of project scale and investment capital but, more importantly, reflects the strong confidence of the business community in Gia Lai’s transparent and conducive investment environment and its outstanding development potential.

Through this conference, Gia Lai affirms its position as a reliable partner and strategic destination for investors and demonstrates its determination to accompany businesses in creating new successes, contributing to the sustainable development of the province and the country.

As of the end of July, the province has licensed 123 investment projects with a total registered capital of VND 57,485.7 billion. Notably, there are 9 FDI projects with a total investment of VND 26,990.57 billion (equivalent to USD 1,080.62 million), accounting for nearly half of the province’s total investment – an impressive figure that showcases Gia Lai’s strong appeal to international investors.

In July 2025 alone, the province successfully attracted 5 new investment projects with a total registered capital of VND 1,629.2 billion. Among them, the ANT (MV) Pig Farm Project in Dak Po commune stands out with a total investment of USD 3.13 million, along with the Long Van International Hospital Project, the largest-scale project in July, with a total investment of VND 1,336.3 billion.

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