Gia Lai draws record $6.2bn in investment last year, sets sights on quality growth in 2026

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Gia Lai attracted a record VND 159.874 trillion (about USD 6.2 billion) in registered investment capital in 2025, exceeding the targets and marking its highest annual inflow to date, as authorities intensify efforts to position the province as a competitive and sustainable investment destination.

According to the provincial Department of Finance, 192 projects were approved this year, 27 more than the target set by the Provincial People’s Committee.

Of these, 176 were domestic projects with over VND 124.19 trillion in registered capital, while 16 foreign direct investment (FDI) projects accounted for nearly VND 35.684 trillion.

Foreign investors exploring the investment environment in Gia Lai. Photo: Tiến Sỹ
Foreign investors exploring the investment environment in Gia Lai. Photo: Tiến Sỹ

The strongest signal of investor confidence came at the 2025 Gia Lai Investment Promotion Conference, where the Provincial People’s Committee granted investment policy decisions, issued investment registration certificates and signed memoranda of understanding for 69 projects.

Total registered and committed capital at the event reached VND 119.7 trillion (over USD 4.6 billion), including 27 projects approved in principle with VND 26.3 trillion and 42 cooperation agreements worth VND 93.4 trillion.

Provincial authorities said investment promotion in 2025 was implemented in a coordinated and methodical manner across departments and localities, despite ongoing domestic and global economic challenges. The province prioritised building a transparent and modern investment ecosystem rather than waiting passively for capital inflows.

Foreign investors conducting field surveys at Becamex VSIP Binh Dinh Industrial Park, Van Canh commune.
Foreign investors conducting field surveys at Becamex VSIP Binh Dinh Industrial Park, Van Canh commune. Photo: Tiến Sỹ

Measures included standardising communication materials and investment databases in line with international practices, accelerating digital transformation and establishing a one-stop information system to provide investors with streamlined access to incentive policies and project lists. Close coordination among agencies under unified direction from the Provincial People’s Committee ensured consistent support from project survey to implementation.

By sector, industry led in project numbers, with 86 projects worth more than VND 42.877 trillion. Construction and infrastructure accounted for the largest share of capital, with over VND 62.542 trillion from 25 projects. Trade, services and tourism attracted 25 projects valued at more than VND 12.862 trillion, while agriculture, forestry and fisheries saw 50 projects worth over VND 6.685 trillion. Real estate and the urban economy recorded six projects with total investment exceeding VND 34.918 trillion.

In terms of location, 43 projects are being implemented in economic and industrial zones, 42 in industrial clusters and 107 outside these areas. The province also adjusted 178 existing projects during the year, adding VND 7.546 trillion in capital.

Business activity remained buoyant. Between January 1 and December 10, 2025, authorities issued business registration certificates to 2,999 newly established enterprises with combined registered capital of VND 26.82 trillion, reflecting growing market confidence.

Looking ahead to 2026, Gia Lai plans to shift its focus from quantity to quality of investment. The province has identified five development pillars: industry, tourism, high-tech agriculture, logistics services and the urban economy linked to urbanisation.

Authorities say priority will be given to projects using modern technology, with high intellectual content, efficient resource use and environmental sustainability to ensure green development. Alongside major corporations, the province aims to attract small and medium-sized enterprises deploying clean technologies from developed markets such as Japan, South Korea, Thailand and Europe.

Efforts will also concentrate on increasing occupancy rates at Nhon Hoi Economic Zone, Le Thanh International Border Gate Economic Zone and other industrial zones and clusters. The province will finalise its 2025–2030 project list, continue updating its investment promotion database, enhance communication and investor support, and strengthen post-licensing supervision.

With a continued commitment to improving the business environment and professionalising investment promotion, Gia Lai expects further gains in 2026, underpinning rapid and sustainable economic growth in the years ahead.

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