Gia Lai Boosts Investment Promotion, Exceeds Capital Targets, and Enhances Project Quality

Overview of the meeting with Harvest Waste Vietnam Co., Ltd

Gia Lai Province has effectively implemented investment promotion activities and developed an information system, documentation, and investment databases in line with international standards, ensuring timeliness and accessibility. The Province is accelerating digital transformation in investment promotion, establishing a one-stop information system, and promptly providing incentive mechanisms and a portfolio of investment projects to both domestic and foreign investors.

The highlight of the year was the Gia Lai Provincial Investment Promotion Conference 2025. At the conference, the Province awarded investment policy decisions, investment registration certificates, and memoranda of understanding (MOUs) for 69 projects, with a total registered and committed capital of VND 119.7 trillion (over USD 4.6 billion), excluding projects currently under study. These comprised 27 approved projects with total registered capital of VND 26.3 trillion (over USD 01 billion) and 42 MOU projects with total projected capital of VND 93.4 trillion (nearly USD 3.6 billion). The event marked a significant milestone, reinforcing Gia Lai Province’s increasingly prominent position on the national investment map, particularly in the fields of industry, renewable energy, high-tech agriculture, urban infrastructure, and services.

Meanwhile, the Provincial People’s Committee has advised and coordinated with State leaders in working with a number of international business delegations from Singapore, Thailand, the Republic of Korea, Japan, and the United States to introduce the Province’s development potential, incentive mechanisms, tax and fee policies, and transparent investment environment, thereby strengthening investor confidence and expanding opportunities for international cooperation.

Cumulatively since the beginning of the year, Gia Lai Province has attracted 167 investment projects, exceeding the target set by the Provincial People’s Committee (165 projects). Total registered capital reached VND 154,214.99 billion, comprising 152 domestic projects with registered capital of VND 118,707.3 billion and 15 FDI projects with registered capital of VND 35,507.7 billion (approximately USD 1.42 billion).

By sector, the projects include 78 industrial projects; 24 construction and infrastructure projects; 19 trade, service, and tourism projects; 41 agriculture, forestry, and fisheries projects; and 5 real estate and urban economic projects. By location, there are 41 projects within economic zones and industrial parks; 38 projects within industrial clusters; and 88 projects outside economic zones, industrial parks, and industrial clusters.During the year, the Province also adjusted investment approvals for 152 projects, increasing total registered capital by VND 6,818.7 billion, and revoked or terminated five slow-progress projects to ensure effective and efficient investment implementation.

Entering the 2026–2030 period, Gia Lai Province aims to build a clean and strong Party and political system; promote the strength of national unity; ensure national defense, security, and social welfare; and accelerate innovation, digital transformation, green transformation, and labor productivity growth. The Province strives to become a regional center in the Central Highlands for high-tech industry, agriculture, services and logistics, tourism, and digital technology—particularly in the fields of artificial intelligence (AI), digital data, and semiconductor manufacturing - while targeting an average double-digit economic growth rate and progressing towards becoming a well-developed province nationwide.

Gia Lai province has identified 05 growth pillars including (1) processing and manufacturing industry; renewable energy; green industry; AI and semiconductor industry; (2) tourism as a key economic sector; (3) high-tech agriculture and sustainable forestry; (4) port and logistics services connecting Le Thanh border gate to Quy Nhon port; (5) developing modern, smart cities associated with industrial real estate and service infrastructure.

Three strategic breakthroughs have been identified such as building a constructive, streamlined, effective and efficient government; promoting science and technology, innovation, digital transformation and green transformation, developing high-quality human resources; making breakthroughs in transportation infrastructure, irrigation, logistics, energy and digital infrastructure, especially connectivity between the highlands - plains - coastal areas.

To realize the goals, Gia Lai Province is promoting innovation in investment promotion approaches and methodologies; developing creative and professional communication products; expanding engagement with strategic investors; and organizing promotion activities by sector, by theme, and in priority markets. The Province is also strengthening efforts to attract official development assistance (ODA) and non-governmental organizations (NGOs) to invest in essential infrastructure, support technology transfer, and provide human resource training.

The Province continues to refine preferential mechanisms and policies related to land, taxes, and fees, while developing targeted incentives to attract high-skilled human resources for key industries and services. With strong determination to innovate, Gia Lai is enhancing the quality of investment projects, proactively attracting strategic investors, and laying a solid foundation for major breakthroughs in the coming period, with the goal of building Gia Lai into a dynamic development center of the Central Coast and the Central Highlands.