"Gravity" Gia Lai

(GLO)- The combination of the "golden forest" in the West and the "silver sea" in the East, combined with efforts to complete connecting traffic infrastructure and create an open investment environment, helps Gia Lai have a special attraction for investors.

Gia Lai province has an important position in regional and international exchanges. In particular, Gia Lai owns 134 km of coastline, 36,000 km2 of territorial waters and Quy Nhon International Seaport, with the potential to become a center for developing transportation, transshipment, cargo transit, seaports and logistics services of the whole country; at the same time, it is the nearest and most convenient gateway to the sea for the Central Highlands, Southern Laos, Northeastern Cambodia and Thailand. With the aspiration to reach new heights, Gia Lai is promoting investment of over 6,086 billion VND to build a modern Phu My Port, ensuring the safe entry and exit of cargo ships with a capacity of 100 - 150 thousand tons.

Many potentials and distinct advantages

Gia Lai has chosen transportation as the key to success in economic development, thereby completing a synchronous infrastructure system. Currently, the province has a convenient transportation system connecting regions, with full means of transportation, especially Quy Nhon International Seaport, Phu Cat Airport, Pleiku Airport and national highways passing through the area, in which the North - South expressway is being formed and the Quy Nhon - Pleiku expressway will be deployed this year. Along with that, the routes connecting Quy Nhon port, Phu Cat airport, Dieu Tri station with Nhon Hoi Economic Zone (EZ), industrial parks, urban areas, and tourist areas have been and are being invested and completed.

Foreign investors come to learn about the investment environment in Gia Lai. Photo: T.SY

It can be said that from the ground, the sea, to the sky, Gia Lai is all about favorable trade, a welcoming door and integration with the world .

Gia Lai province also has great potential and advantages in ecotourism of mountains, forests, islands, culture, history with a system of islands, peninsulas, rocky rapids, beautiful landscapes, famous beaches and primeval forests with diverse flora and fauna, majestic waterfalls. Gia Lai also has many valuable mineral resources and potential for clean energy development, is the center of a large area of ​​wood, coffee, pepper, and fruit trees in the country, opening up investment opportunities to develop a chain linking agriculture with deep processing industry, to be able to participate in the global supply chain, increasing export value.

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

In addition to the above advantages, Gia Lai province has abundant and quality human resources, ready to supply for investment projects in the locality and provinces in the region. The province is also promoting the development of green economy, circular economy, innovation centers, big data centers, semiconductor industry... of the whole country, adapting to the trend of the times. Along with that are open investment policies and environment for the sustainable development of investors.

Many investors choose Gia Lai as their "destination"

With its potential, advantages and different ways of doing things, Gia Lai is becoming a destination for many investors. In the first 7 months of the year, investment attraction continued to be a bright spot in the province's economic development with 123 new projects, total registered capital of over 57,485 billion VND.

If only counting the first 7 months of the year, this is the time frame that has attracted the most investment capital ever. Of which, there are 114 domestic projects (total registered capital of over 30,495 billion VND) and 9 FDI projects (total registered capital of over 26,990 billion VND). This result clearly demonstrates the attractiveness of Gia Lai province.

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

Many enterprises have identified sustainable investment opportunities in Gia Lai, so they have shown great determination in promoting the rapid implementation of projects. For example, Syre Group (Sweden) with the polyester fabric recycling complex project in Nhon Hoi Economic Zone, with a total investment of up to 1 billion USD. This is a project expected to contribute positively to the sustainable development goals and green transformation of the textile and garment industry, while creating many jobs and promoting economic growth in the entire South Central region.

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

Another example demonstrating the special attractiveness 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, with a total expected investment of about 4.6 billion USD. Since 2019, PNE Group leaders have visited Gia Lai many times with the determination to soon realize the project. Currently, the Group has established an office in Quy Nhon ward, demonstrating its high determination for the project.

In addition to the above projects, there are many other large-scale projects of domestic enterprises that have been approved by Gia Lai province for investment policy and investors, such as: Phu My Industrial Park Project with a total capital of more than 4,569 billion VND and Phu My Port Project Phase 1, with a total capital of more than 6,086 billion VND, both invested by Phu My Investment Group Joint Stock Company, implemented in Phu My Dong commune; residential, service and education area project west of Tay Son street, Quy Nhon Nam ward, with an investment capital of 1,144 billion VND by Phu Gia Infrastructure Development Investment Joint Stock Company; concentrated agricultural and forestry production and processing area project in Tay Son commune of Vinanutrifood Binh Dinh Joint Stock Company with a total capital of nearly 500 billion VND...

With distinct potentials and advantages, led by planning and prioritizing infrastructure investment, quickly grasping the development trends of the times, combined with a civil service that focuses on people and businesses as the center of service, Gia Lai has created "attraction". At investment promotion meetings, Chairman of the Provincial People's Committee Pham Anh Tuan always emphasized: "Investors coming to Gia Lai will not encounter any barriers. The province always accompanies and supports investors; considers the legitimate and just interests and success of investors as its own success".

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