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Open a new “door” to welcome investors

Sharing at the conference, Mr. Thanh said that in the context of the country’s socio-economic difficulties and challenges due to the impact of the Covid-19 pandemic, 2021 will be a prosperous year for the economy. economy of Gia Lai province.

Chairman of Gia Lai Provincial People's Committee: Open the

Mr. Vo Ngoc Thanh – Chairman of Gia Lai Provincial People’s Committee delivered the opening speech at the Gia Lai Provincial Investment Promotion Conference in 2022 – Photo: Ngoc Giau

According to the report at the conference, the gross domestic product in Gia Lai province (GRDP) in 2021 will increase by 9.71% compared to 2020; State budget revenue reached nearly 7,900 billion VND, total social investment reached 70,000 billion VND, import and export turnover in 2021 was 1,480 million USD, increased 2.2 times compared to 2020; per capita income is over 56 million VND.

According to Mr. Thanh, to achieve the above results, attracting investment and putting large projects into operation in 2021 has positively contributed to the successful implementation of the “dual goal” set by the Government. is “both effective epidemic prevention and socio-economic development”.

In 2021, there are 60 projects approved by Gia Lai Provincial People’s Committee, with registered capital of 29,227 billion VND; 172 projects are being researched and proposed by investors with a total registered capital of about 13,987 billion VND. Large projects completed and put into operation in 2021 have created a boon for Gia Lai province’s economy such as: 11 wind power projects with a total capacity of 563 MW, with a total investment capital of over VND 20,000 billion; beef cattle farm project of Trung Nguyen Cow Breeding One Member Company Limited (Thaco) with a total investment of 1,162 billion VND; the project of growing medicinal plants in combination with fruit trees with CNC applications of Hung Son CNC Agriculture JSC with a scale of 217 hectares, with a total investment of VND 149 billion; RE refined sugar production line project, with a total investment of 1,100 billion dong…

Mr. Thanh shared, Gia Lai is a locality with many favorable potentials for industrial and commercial development, especially processing industry and renewable energy. Currently, Gia Lai province has planned 21 industrial clusters, of which 12 industrial clusters have been established by the Provincial People’s Committee. The source of agricultural raw materials in the area is abundant and stable such as: coffee, rubber, sugarcane, etc. cassava, tea, … creating a premise for investors interested in developing the processing industry and long-term association with Gia Lai province.

These favorable conditions are gradually being effectively promoted by Gia Lai province, opening a new “door” for the province to welcome potential investors in three areas of strength, including: Technology-applied agriculture. high, processing industry, renewable energy and tourism.

These are also the three pillars outlined by the province in the socio-economic development strategy for the period 2021 – 2030, with a vision to 2050 towards “building and developing Gia Lai province into a regional center. The North Central Highlands sub-region and the driving force in the development triangle of the three countries Vietnam – Laos – Cambodia, have a synchronous and modern infrastructure system” in accordance with the goals approved by the Prime Minister.

Chairman of Gia Lai Provincial People's Committee: Open the

Gia Lai opens a new “door” to welcome investors – Photo: TUGL

Over the years, Gia Lai has gradually promoted its potential and advantages, focusing on mobilizing and effectively using all resources for development investment. Along with that, Gia Lai province had the opportunity to receive many potential and financially capable investors to research, invest and cooperate in the fields of: infrastructure construction; High-tech agriculture; processing industry and renewable energy; tourism, such as: Meiwa Vietnam Co., Ltd., Phu Thai Holdings Co., Ltd., Alphanam Investment Joint Stock Company, Shinec Joint Stock Company, Eurowindow Holding Joint Stock Company, Tan Group Real Estate Joint Stock Company A Dai Thanh… In addition, the province has worked directly and online with the Embassies and Consulates of India, Cuba, Finland, the Netherlands… promising many prospects for attracting investment to the province. Gia Lai.

Gia Lai will be determined to continue promoting administrative procedure reform, remove difficulties and obstacles for businesses and investors; build a fair, open, transparent business investment environment and well implement preferential policies, support solutions… to invite and attract capable investors to invest in Gia Lai”, Mr. Thanh shared.

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