Gia Lai Province Department of Finance has just reported on the implementation of investment promotion and support, showing that investment attraction activities continue to flourish, with many large-scale projects awaiting approval.
Attracted more than 78,000 billion VND in investment capital in 9 months
In September, the province attracted 7 new investment projects with a total registered capital of 3,597,662 billion VND, including 1 FDI project with a total capital equivalent to 87.17 million USD. Of these, 3 projects are located in economic zones, industrial parks (EZs, IPs) and 4 projects are located outside the above areas.
In addition, during the month, Gia Lai adjusted investment policies for 5 projects with total adjusted capital increasing by VND 1,709.58 billion.
Accumulated from the beginning of 2025 to now, the whole province has attracted 144 investment projects (reaching 87% of the target assigned by the Provincial People's Committee of 165 projects) with a total registered capital of 78,003.1 billion VND. Of which, there are 130 domestic investment projects with a total capital of 42,515.4 billion VND and 14 FDI projects with a total capital of 35,487.7 billion VND (equivalent to 1,410.8 million USD).
By sector, there are 66 projects in the industrial sector; 20 construction - infrastructure projects; 17 trade - service - tourism projects; 40 agriculture, forestry and fishery projects; 1 real estate and urban economic project.
By location, there are 34 projects in economic zones and industrial parks; 33 projects in industrial clusters; and 77 projects outside economic zones, industrial parks and industrial parks.
Since the beginning of the year, the province has adjusted 142 projects with an additional investment capital of VND6,552.79 billion, and at the same time revoked and terminated the operation of 5 projects. Currently, there are 16 new investment projects with a total registered capital of VND1,002.27 billion that have submitted investment appraisal reports, waiting for the Provincial People's Committee's approval.
According to the investment attraction target for 2025 assigned by the Provincial People's Committee, up to now, 90 communes and wards have met the plan; 46 communes and wards have not met; the Industrial Park - Economic Zone alone has attracted 34 projects, exceeding the target by 30 projects.
More than 2,300 new businesses, many large projects awaiting approval
In September, Gia Lai province granted Business Registration Certificates to 215 newly established enterprises with a total registered capital of VND2,473.7 billion.
Accumulated from January 1 to September 25, the whole province has granted registration to 2,376 newly established enterprises with total capital of 17,649 billion VND.
The Department of Finance has also submitted to the Provincial People's Committee 8 reports on investment policy appraisal for important projects such as: Cat Hai Center Urban Area (Cat Tien Commune), Binh Dinh Wood - Metal Products Factory (Phuoc An Industrial Park), Hon Trau Wind Power Plant - Phase 1, Ha Ngan Sow Farm (Phu Thien Commune)...
In addition, the province is selecting investors for key projects and monitoring the progress of 12 enterprises that signed memorandums of understanding (MOUs) at the Gia Lai 2025 Investment Promotion Conference such as: Nhon Hoa 2 Energy Joint Stock Company, Nhon Hoa 1 Wind Power Joint Stock Company, Thanh Thanh Cong - Bien Hoa Joint Stock Company, Gia Lai Agriculture and Forestry Supply Joint Stock Company, Hong Phuc Pharmaceutical Joint Stock Company, Saigon - Nhon Hoi Industrial Park Joint Stock Company, Hoang Anh Gia Lai Joint Stock Company...
The Department of Finance said it will continue to urge and support investors, and at the same time request the Provincial People's Committee to direct the speeding up of project approval, ensuring the completion of the target of attracting 165 projects in 2025, making Gia Lai an attractive destination for domestic and foreign investors.
Chairman of Gia Lai Provincial People’s Committee Pham Anh Tuan said that the locality has prepared and focused on synchronous investment in both physical and digital infrastructure to attract investors. The government is committed to accompanying, shortening the licensing time by half, applying the “one-stop shop, one-stop shop” mechanism, building a creative, transparent and effective administration.
“Gia Lai commits to implementing the 5-together motto: Listening together, discussing together, implementing together, sharing results together, and overcoming difficulties together. With a spirit of openness, responsibility and determination to innovate, Gia Lai wishes to accompany businesses to create new successes, for the prosperous development of the province and the whole country.
Gia Lai is not only a potential locality, but also a reliable partner, a strategic destination for investors. The province wishes to accompany businesses to create new successes, contributing to the prosperous development of Gia Lai and the whole country", Mr. Pham Anh Tuan emphasized.
Minh Ngoc
Source: https://vietnamnet.vn/day-manh-ha-tang-gia-lai-tro-thanh-diem-den-hap-dan-nha-dau-tu-2447651.html
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