Commencement of the project of Investment, Construction and Business of Infrastructure of Phu My Industrial Park - Phase 1

(gialai.gov.vn) - On the morning of August 19, in conjunction with the nationwide event of simultaneously organizing groundbreaking and inauguration ceremonies for 250 works and projects at 80 locations across the country, celebrating the 80th anniversary of the August Revolution and the National Day of the Socialist Republic of Vietnam (September 2, 1945 - September 2, 2025), the People's Committee of Gia Lai province in coordination with Phu My Group Investment Joint Stock Company solemnly held the groundbreaking ceremony of the Phu My Industrial Park Infrastructure Investment, Construction and Business Project - Phase 1. This is one of 8 key and typical projects of the province selected to start construction and inaugurate on this occasion. Attending the groundbreaking ceremony were comrades: Pham Anh Tuan, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; Major General Le Quang Nhan, Member of the Provincial Party Committee Standing Committee, Director of the Provincial Police; Tran Cang, Member of the Provincial Party Committee Standing Committee, Director of the Department of Finance; with leaders of departments, branches and Phu My Dong commune.

Delegates attending the groundbreaking ceremony

Phu My Industrial Park - Phase 1 is invested by Phu My Group Investment Joint Stock Company, with the participation of strategic shareholders including: Mandala Group, Seaport Company and Huong Viet Group. The project has a scale of 436.8 hectares, located in a strategic coastal location, adjacent to Phu My deep-water port, 51 km from Quy Nhon port, about 60 km from Phu Cat airport, and conveniently connected to key traffic routes such as North-South expressway, National Highway 1A, and the coastal route of Gia Lai province. According to the plan, Phu My Industrial Park - Phase 1 is developed according to a modern, synchronous and green model. The subdivisions are flexibly arranged from 1 to 50 hectares, fully integrating technical infrastructure, wastewater treatment area, administrative - service area, and green area accounting for more than 15% of the total area, ensuring environmental standards and sustainable development.

Ceremony scene

At the groundbreaking ceremony, the investor representative emphasized: “Phu My Industrial Park is not only an industrial park, but also the foundation for a green - modern - sustainable industrial ecosystem. We are committed to developing high-quality, transparent infrastructure, accompanying investors throughout the operation process”. According to the plan, the technical infrastructure of phase 1 will be completed and ready to receive investors from the first quarter of 2026.

Investor representative speech

Speaking at the ceremony, Chairman of the Provincial People's Committee Pham Anh Tuan said: Phu My Industrial Park - Phase 1 is a large-scale industrial project, marking an important first step in realizing the Provincial Planning approved by the Prime Minister; demonstrating the strong commitment of the investor in implementing the project, contributing to rapid, sustainable and modern economic development. This is also a clear demonstration of Gia Lai's attractiveness on the national and international investment map.

With a scale of nearly 437 hectares and a total investment of more than VND 4,500 billion, Phu My Industrial Park - Phase 1 is not only a key industrial infrastructure project, but also has long-term strategic significance for the development of the province and the Central Highlands region. In addition to the values of industrialization, job creation and increased budget revenue, Phu My Industrial Park also has outstanding advantages: with a location connecting seaports, airports, highways and international border gates, Phu My will become a strategic transit point, contributing to the formation of a smart logistics network, supporting the rapid circulation of goods, reducing transportation costs, and optimizing the supply chain. The industrial park also aims to develop digital infrastructure, integrating artificial intelligence (AI) and the Internet of Things in operational management, from energy monitoring, security to warehouse and logistics management. This is a pioneering step to form a smart, green and sustainable industrial park.

Chairman of the Provincial People's Committee Pham Anh Tuan spoke at the ceremony.

With its infrastructure advantages and preferential policies, Phu My Industrial Park is expected to become an attractive destination for FDI corporations, especially in the fields of high technology, processing and manufacturing, logistics and renewable energy. This will not only increase the value of industrial production but also promote technology transfer and enhance the competitiveness of domestic enterprises.

When put into operation, Phu My Industrial Park will contribute to making the province an important industrial - logistics center, creating a spillover effect for the entire Central Highlands and South Central Coast regions, thereby enhancing the province's position in the process of industrialization and modernization of the country.

The Chairman of the Provincial People's Committee also shared: "In parallel with the Industrial Park, Gia Lai province is implementing the Phu My Deep-water Port Project, capable of receiving ships of over 200,000 tons. When completed, the port will open up opportunities for direct international trade, reduce logistics costs, improve import-export capacity, create outstanding advantages for Phu My Industrial Park and contribute to the formation of a modern industrial - logistics center".

Delegates perform the groundbreaking ceremony of the Phu My Industrial Park Infrastructure Investment, Construction and Business Project - Phase 1

“Today’s groundbreaking ceremony is an important milestone, demonstrating the strong determination of the entire Gia Lai provincial political system in accompanying and supporting investors to implement projects quickly, effectively and on schedule. This is also a clear message: Gia Lai always welcomes investors with an open spirit of cooperation, committed to long-term companionship and prosperous development together,” emphasized Chairman of the Provincial People’s Committee Pham Anh Tuan.

The head of the provincial government requested the investor to closely coordinate with the Economic Zone Management Board, departments, branches and the People's Committee of Phu My Dong commune, prepare sufficient human resources, finance, equipment, speed up progress, ensure quality, safety and environment. At the same time, prioritize recruiting local workers, pay attention to social security work, and link project development with improving people's lives. Investors also need to soon develop a professional promotion and advertising strategy to attract more domestic and foreign businesses.

Phu My Group Investment Joint Stock Company donated 400 million VND to Phu My Dong commune

With sincere thanks for the consensus and support of the Party Committee, the government and all the people of Phu My Dong commune during the project implementation, Chairman of the Provincial People's Committee Pham Anh Tuan believes that, with the glorious revolutionary tradition, the spirit of solidarity and the strong will of the heroic homeland of Phu My, the local people will continue to accompany and share for the common development. The province is committed to always putting the legitimate interests and a prosperous and happy life of the people first; ensuring better resettlement than the old place, modern and synchronous infrastructure, towards the formation of a model urban - industrial area. At the same time, the State and local authorities will continue to pay close attention to the lives of the people, especially in difficult areas, through policies to support livelihoods, vocational training, create sustainable jobs and improve social welfare.

Phu My Group Investment Joint Stock Company signed a memorandum of understanding with domestic and foreign secondary investors.

At the groundbreaking ceremony, Phu My Group Investment Joint Stock Company signed and exchanged memorandums of understanding with domestic and foreign secondary investors; and donated 400 million VND to Phu My Dong commune to implement educational activities, vocational training and ensure social security in the area.

Machinery and equipment preparing to start the project

Source: https://gialai.gov.vn/tin-tuc/hoat-dong-cua-lanh-dao/khoi-cong-du-an-dau-tu-xay-dung-va-kinh-doanh-ket-cau-ha-tang-khu-cong-nghiep-phu-my-giai-doan-1.html