GIA LAI PROVINCE INVESTMENT PROMOTION CONFERENCE 2025: AIMING TO BECOME AN IDEAL DESTINATION FOR INVESTORS

With an important strategic position on the two economic corridors of North - South and East - West, together with the typical advantages of landscape, resources, and creative dynamism, Gia Lai is rising to become an important economic development pole of the country. In particular, Nhon Hoi Economic Zone (NEZ) with total area of 14,308 hectares is a modern industrial, service, and coastal urban center, playing a core role in the development of the Eastern region of Gia Lai Province; In the West of the province, there is Le Thanh International Border Gate Economic Zone with the area of 41,515 hectares, an international trade gateway, directly connecting to Cambodia and the Mekong Delta and being suitable for the development of industry, trade, logistics services and border gate economy; Throughout the province, there are 22 industrial parks (IPs) with total area of 9,444 hectares ready to receive projects in many fields that investors are interested in. At this Investment Promotion Conference, Gia Lai introduced and widely promoted the potential and competitive advantages of the province, helped domestic and foreign investors and enterprises to explore investment opportunities. Regarding priority areas for investment attraction, for the eastern region of Gia Lai, the orientation is to strongly develop industry, services and logistics because of the advantage of coastal advantages and infrastructure connectivity. For the western region, the focus is on the strengths of high-tech agriculture, renewable energy and border gate economy.

With the speech at the Conference, Mr. Pham Anh Tuan - Deputy Secretary of Gia Lai Party Committee, Chairman of Gia Lai People's Committee affirmed that Gia Lai is not only a locality with great potential but also a reliable partner, a strategic destination for investors to jointly create new successes contributing to the provincial prosperous development. “Gia Lai identifies enterprises and investors as the driving force for development with the slogan "the success of enterprises is the success of ourself". Gia Lai province has issued policies on land, tax, credit in various fields, applying “one-stop shop mechanism”. Nowadays, the province has greatly shortened the time of administrative procedure for investors. On the local side, we are committed to creating the best conditions and to always accompanying enterprises with the motto of 05 TOGETHER: listening together, discussing together, implementing together, sharing results together and overcoming difficulties together.”
 
Also at the Conference, Vietnamese top economic experts analyzed the advantages, development potential, investment and trade opportunities of Gia Lai. Moreover, businesses and investors shared their experiences and investment orientations in many fields. Gia Lai provincial leaders handed over investment decisions, investment registration certificates and signed memorandums of understanding with a total of 69 projects with a total registered capital of USD 4.7 billion. Of which, investment decisions and investment registration certificates were presented to 27 projects with a total registered capital of about VNĐ 26,400 billion, equivalent to USD 1.1 billion; memorandums of understanding on investment cooperation for 42 projects with a total expected capital of VNĐ 93,430 billion, equivalent to nearly USD 3.6 billion. The above projects are in many fields: agriculture, high-tech industry, trade - services, tourism, city economy, sea port services and logistics.

Mr. Tran Viet Anh, Chairman of the Board of Directors of Saigon - Nhon Hoi Industrial Park Joint Stock Company (an IP infrastructure company in NEZ) let us know, “I highly appreciate the fact that the investment process and procedures have been greatly shortened. This is a great support for businesses and also an extremely favorable basis for businesses like us to invite and attract domestic and foreign secondary investors to Nhon Hoi IP in private and in Gia Lai in general. In addition, clarifying the authority of officials is a strong and detailed reform to each official of the public service level to implement legal documents. This is the affirmation of the Provincial Leaders that makes investors very confident and trust in the success of the Project implemented here.”

“In order for commitments to quickly become reality and for projects to come into operation soon, we all need to take drastic, synchronous and consistent actions right after this Conference.” That is the strong direction from Mr. Ho Quoc Dung – Member of the Party Central Committee, Secretary of Gia Lai Provincial Party Committee. “With high determination of the entire political system, with the consensus and support of the people, with the belief in the development of Gia Lai homeland, with the companionship and support from businesses, I do believe that in the coming time there will be remarkable developing steps. Gia Lai will be a reliable partner, a safe and effective destination for businesses and investors from inland and abroad.”

With careful preparation from Gia Lai Province and many large projects to be invested here, Gia Lai Province Investment Promotion Conference 2025 is considered a historic turning point, reforming the economic appearance of a province with great potential and much space for development.