Gia Lai Provincial People's Committee said it has just issued many decisions approving investment policies, including projects worth thousands of billions of VND, aiming at developing urban infrastructure, processing industry and high-tech agriculture .

Binh Dinh photo 1.jpg
Gia Lai province awarded investment memorandums to businesses at the investment promotion conference. Photo: Ngoc Minh

Notably, the Cat Khanh Urban Area Project in the Cat Khanh Seafood Processing Industrial Cluster (De Gi Commune) is invested by the Nam Mekong - MekongHomes Joint Venture, with a total capital of nearly 2,000 billion VND. The project covers an area of ​​over 41.6 hectares, including residential areas, trade - services, social infrastructure, trees and synchronous traffic, aiming at a modern, environmentally friendly urban model.

In the agricultural sector, the province also approved the TRE - Dak Doa high-tech agricultural project, invested by Tay Nguyen Energy Resources Technology Joint Stock Company. The project covers an area of ​​over 457 hectares in Dak Doa, KDang and Ia Bang communes, with a total capital of VND 1,675 billion, aiming to form an agricultural science and technology center in the Central Highlands region, focusing on research, incubation, and technology transfer for cultivation, production of medicinal herbs, vegetables and fruit trees using high technology.

In addition, in the industrial sector, the People's Committee of Gia Lai province approved two new projects in Tuy Phuoc Tay commune, including: Factory producing interior and exterior furniture from wood and metal woven with plastic rattan invested by Binh Dinh General Production Company Limited, with a total capital of more than 15.3 billion VND, capacity of 15,000 sets of tables and chairs and 3,500 beds/year.

The production facility of synthetic rattan and synthetic rattan products of Tan Hoang Phu Company Limited, with a total capital of 5.7 billion VND, a capacity of 160 tons of plastic straps/year, and 11,000 plastic rattan products of all kinds.

According to the Gia Lai Provincial People's Committee, the approved projects are all in line with the socio-economic development orientation for the 2025-2030 period, while focusing on attracting private investment in urban infrastructure, production - processing and high-tech agriculture.

The provincial government requires investors to complete all legal procedures, deposit investment guarantees, implement on schedule and according to planning; comply with regulations on land, environment, and fire prevention and fighting. In case of failure to implement after 12 months, the province will consider revoking the investment policy.

According to a report by the Department of Finance of Gia Lai province, in the first 9 months of 2025, the locality received 437 investment dossiers, including 262 dossiers on approval of investment policies, issuance of new Investment Registration Certificates (IRCs) and 175 dossiers on adjustments or other procedures.

Since the beginning of the year, Gia Lai has attracted 144 projects with a total registered capital of more than VND78,000 billion, including 130 domestic projects (VND42,500 billion) and 14 foreign direct investment (FDI) projects with a total capital of more than VND35,400 billion (equivalent to USD1.41 billion).

By sector, there are 66 industrial projects, 20 construction - infrastructure projects, 17 trade - service - tourism projects, 40 agriculture - forestry - fishery projects and 1 real estate and urban economic project. The province has also adjusted 142 projects, increasing more than 6,552 billion VND in investment capital, and at the same time, revoked and terminated 5 projects that are no longer suitable.

Minh Ngoc

Source: https://vietnamnet.vn/hang-loat-du-an-nghin-ty-do-bo-gia-lai-von-dau-tu-vuot-78-000-ty-dong-2454449.html