Gia Lai's "gravitational pull"

(GLO) - The combination of "golden forests" in the West and "silver seas" in the East, coupled with efforts to improve connecting transportation infrastructure and create a favorable investment environment, makes Gia Lai particularly attractive to investors.

Gia Lai province holds a crucial position in regional and international exchange. In particular, Gia Lai possesses 134 km of coastline, a territorial sea area of ​​36,000 km2, and the Quy Nhon International Seaport, which has the potential to become a center for the development of transportation, transshipment, and transit services, port operations, and logistics for the entire country; it is also the closest and most convenient gateway to the sea for the Central Highlands, Southern Laos, Northeastern Cambodia, and Thailand. With the aspiration to reach greater heights, Gia Lai is currently investing over 6,086 billion VND in the construction of the modern Phu My Port, ensuring the safe entry and exit of cargo ships with a tonnage of 100,000-150,000 tons.

Many distinct potentials and advantages

Gia Lai has chosen transportation as the key to its economic development success, thereby completing a comprehensive infrastructure system. Currently, the province has a convenient transportation system connecting various regions, with a full range of transport modes, especially the Quy Nhon International Seaport, Phu Cat Airport, Pleiku Airport, and national highways passing through the area. The North-South expressway is under construction, and the Quy Nhon-Pleiku expressway will be implemented this year. In addition, connecting roads between Quy Nhon Port, Phu Cat Airport, and Dieu Tri Railway Station with the Nhon Hoi Economic Zone, industrial parks, urban areas, and tourist areas have been and are being invested in and completed.

Foreign investors come to explore the investment environment in Gia Lai. Photo: T.SỸ

It can be said that from land and sea to sky, Gia Lai is geared towards facilitating trade, serving as a gateway for welcoming and integrating with the world .

Gia Lai province also possesses significant potential and advantages in ecotourism, including mountainous and coastal areas, cultural and historical sites, with its system of islands, peninsulas, rocky cliffs, beautiful landscapes, famous beaches, and pristine forests with diverse flora and fauna, and majestic waterfalls. Gia Lai also has many valuable mineral resources and potential for developing clean energy. It is a major center for timber, coffee, pepper, and fruit production in the country, opening up opportunities for investment in developing integrated agricultural and deep processing industries, enabling participation in global supply chains and increased export value.

Gia Lai continues to focus on investing in and upgrading socio-economic infrastructure, especially the construction of infrastructure for the Nhon Hoi Economic Zone and industrial parks such as Becamex VSIP Binh Dinh, Nhon Hoa, Nhon Hoi (Zone A), Phu Tai, Hoa Hoi, Tra Da, Nam Pleiku, and the Le Thanh International Border Gate Economic Zone… with many convenient services, ready to meet the needs of investors.

In addition to the aforementioned advantages, Gia Lai province possesses abundant and high-quality human resources, ready to supply investment projects in the locality and other provinces in the region. The province is also promoting the development of a green economy, a circular economy, an innovation center, a big data center, and the semiconductor industry... for the whole country, adapting to the trends of the times. Along with this are favorable investment policies and a transparent investment environment for the sustainable development of investors.

Many investors choose Gia Lai as their destination.

With its potential, advantages, and unique approach, Gia Lai is becoming a destination for many investors. In the first seven months of the year, attracting investment continued to be a bright spot in the province's economic development with 123 new projects and a total registered capital of over 57,485 billion VND.

Considering only the first seven months of the year, this is the period that has attracted the most investment capital ever. This includes 114 domestic projects (total registered capital exceeding VND 30,495 billion) and 9 FDI projects (total registered capital exceeding VND 26,990 billion). This result clearly demonstrates the attractiveness of Gia Lai province.

Vinh Hiep Co., Ltd. (Tra Da Industrial Park, Pleiku Ward) prepares coffee products for export. Photo: Ha Duy

Many businesses have recognized the opportunities for sustainable investment and development in Gia Lai, demonstrating a strong commitment to expediting project implementation. For example, the Syre Group (Sweden) has a polyester fabric recycling complex project in the Nhon Hoi Economic Zone with a total investment of up to $1 billion. This project is expected to make a positive contribution to the sustainable development and green transformation goals of the textile and garment industry, while also creating jobs and boosting economic growth in the entire South Central region.

Ms. Susanna Campbell, Chairwoman of Syre Group, shared: “The potential, advantages, and the attention, support, and partnership of the province over the past time are extremely important factors. We are seizing this opportunity and concretizing it by deciding to implement a large-scale project, using the most advanced technology currently available for the textile recycling industry. The project will certainly not only bring economic benefits but also provide a better living environment in the area.”

Another example demonstrating the special appeal of Gia Lai province is the determination of PNE Group (Federal Republic of Germany) to pursue the Hon Trau wind power project, with a total capacity of 2,000 MW and an estimated total investment of approximately US$4.6 billion. Since 2019, PNE Group leaders have visited Gia Lai numerous times with the determination to realize the project as soon as possible. The Group has now established an office in Quy Nhon ward, demonstrating its strong commitment to the project.

In addition to the aforementioned projects, there are many other large-scale projects by domestic enterprises that have received investment approval and investor approval from Gia Lai province. These include: the Phu My Industrial Park project with a total capital of over 4,569 billion VND and the Phu My Port project (Phase 1) with a total capital of over 6,086 billion VND, both invested by Phu My Investment Group Joint Stock Company and implemented in Phu My Dong commune; the residential, service, and education area project west of Tay Son road, Quy Nhon Nam ward, with an investment of 1,144 billion VND by Phu Gia Infrastructure Development Investment Joint Stock Company; and the concentrated agricultural and forestry product processing and production area project in Tay Son commune by Vinanutrifood Binh Dinh Joint Stock Company with a total capital of nearly 500 billion VND…

With its unique potential and advantages, guided by strategic planning and prioritized infrastructure investment, quick adaptation to contemporary trends, and a public service system centered on serving citizens and businesses, Gia Lai has created a strong appeal. At investment promotion events, the Chairman of the Provincial People's Committee, Pham Anh Tuan, consistently emphasizes: "Investors coming to Gia Lai will not encounter any obstacles. The province always accompanies and supports investors; considering the legitimate interests and success of investors as its own success."

Source: https://baogialai.com.vn/luc-hap-dan-gia-lai-post565161.html