Investing in Gia Lai – Abundant Attractive Resources
On August 29, the People’s Committee of Gia Lai province organized an investment promotion conference in the province for 2025. This activity aims to bring Gia Lai province closer to the business community and investors to turn potential and advantages into reality and develop sustainably in the future.
Investing in Gia Lai – Abundant Attractive Resources
Mr. Pham Anh Tuan, Chairman of the Provincial People’s Committee of Gia Lai, said that this is the first conference after the old Gia Lai and Binh Dinh provinces were merged. As a result, the new Gia Lai province has a large area in the country and has many important resources for developing a green and sustainable economy.
The province focuses on five main pillars of growth to realize its set goals.
Many projects have invested in Gia Lai province
This includes focusing on developing processing, manufacturing, renewable energy, and green industries. A special emphasis is placed on artificial intelligence (AI) and the semiconductor industry, combined with the regional innovation hub.
The province also focuses on turning tourism into a key economic sector, exploiting the advantages of natural landscapes (beaches, mountains, and forests) and the unique cultural heritage of the Central Highlands – Chămpa. It also involves developing high-tech agriculture and sustainable forestry and building concentrated material areas to enhance the value of products.
Forming a logistics and port services center, connecting from the Le Thanh border gate to Quy Nhon port, developing urban areas rapidly and sustainably, and linking them with industrial real estate, tourism, and infrastructure services are also priorities.
Bold Investments by Enterprises
At the conference, the provincial leaders handed over investment policy decisions, investment registration certificates, and signed memoranda of understanding for 69 projects with a total capital of VND 119,700 billion, equivalent to over USD 4.6 billion.
Provincial leaders handing over the investment memorandum for 3 projects to Mr. Le Thanh Hung – General Director of Vietnam Rubber Industry Group
Among them are memoranda of understanding for large-scale projects such as: Renewable Energy Project (VND 3,200 billion), Infrastructure Construction and Business Project in Industrial Parks (VND 3,000 billion), and High-tech Agriculture Project in Gia Lai (VND 475 billion) for the Vietnam Rubber Industry Group; Renewable Energy Development Project (VND 4,500 billion) for Duc Long Gia Lai Joint Stock Group; and Infrastructure Construction and Business Project in Industrial Clusters (VND 450 billion) for Dak Po Vietnam Industrial Development Investment Company…
The province commits to creating the most favorable conditions and always accompanying enterprises with the principle of “5 Companions”: listening together, discussing together, implementing together, sharing results together, and overcoming difficulties together.
“We believe that Gia Lai is not only a locality with great potential but also a reliable partner and a strategic destination for investors. The province looks forward to accompanying you to create new successes and contribute to the prosperity of Gia Lai and the country,” said the Provincial Chairman.
To realize its goals, Gia Lai province is focusing on three breakthrough stages: improving management capacity, building a creative, streamlined, and efficient government to enhance competitiveness, and making breakthroughs in transportation, irrigation, logistics, industrial, and digital infrastructure. Priority is given to projects connecting the highland, lowland, and coastal areas.
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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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