The province aims to achieve Gross Regional Domestic Product (GRDP) growth of more than 10% in 2026, positioning the year as a key turning point in its next phase of economic development. Authorities are pursuing a wide-ranging strategy that combines institutional reform, infrastructure upgrades and streamlined administrative procedures to improve the investment climate and create new growth momentum.
Central to the strategy is a shift in governance from an administrative management model to a service-oriented approach that places businesses at the center of policy implementation. Provincial authorities said the transition is intended to strengthen cooperation with investors and improve the overall business environment.
Gia Lai plans to focus investment attraction on high value-added industries including processing and manufacturing, renewable energy, high-tech agriculture and the digital economy. The province is also prioritizing sectors such as artificial intelligence, semiconductors and digital technologies, reflecting a move from attracting projects based on quantity to emphasizing quality and long-term sustainability.
Administrative reforms have been introduced to shorten project approval timelines. Processing times for investment applications have been reduced to 60 days for projects outside industrial and economic zones and 38 days for projects inside industrial zones. Authorities continue to operate a “one-stop, one-contact” mechanism and an Enterprise Support Task Force to address obstacles facing investors.
The Provincial People’s Committee has also implemented the “6 clears” principle, requiring clarity on responsibility, tasks, timelines, authority and expected outcomes to improve accountability and reduce delays in project implementation.
Specific investment targets have been assigned to industrial parks and industrial clusters across the province. Ten industrial parks are expected to attract 40 projects with total investment capital of around VND20 trillion (approximately USD769 million), while 42 industrial clusters aim to secure 27 additional projects.
At the local level, authorities have developed implementation plans and project timelines to support investment activities. Phu My Dong commune, one of the province’s key investment areas, is currently implementing 10 major projects, including the 436.8-hectare Phu My Industrial Park. Local authorities said land compensation and site clearance remain major challenges affecting project progress.
According to local officials, 239.4 hectares of affected land have been cleared, while decisions have been issued to lease 225.5 hectares for the project.
Hoa Hoi commune is also emerging as a potential investment destination with more than 385 hectares of industrial land, including Hoa Hoi Industrial Park and two industrial clusters. Local authorities said administrative reform and business support services, rather than land availability alone, are being prioritized to attract investors.
Infrastructure development remains a central component of Gia Lai’s investment strategy. Major projects including the Quy Nhon–Pleiku Expressway and the second runway at Phu Cat Airport are being accelerated to improve regional connectivity and reduce logistics costs for businesses. The province is also preparing to connect with the North-South high-speed railway network.
In the industrial sector, Gia Lai is promoting eco-industrial park models and smart industrial clusters integrated with digital technologies, artificial intelligence, the Internet of Things and renewable energy systems.
Becamex VSIP Binh Dinh Industrial Park in the Nhon Hoi Economic Zone has been identified as a flagship investment project for the province. The industrial park aims to attract 20 new projects in 2026, lease approximately 100 hectares of land and secure registered investment capital of around VND12 trillion (approximately USD462 million).
The park’s investor said ESG standards and digital transformation are being integrated from the planning stage to enhance competitiveness, reduce operating costs and improve long-term efficiency.
Meanwhile, the newly operational Binh Nghi Industrial Park, covering 207.7 hectares in Tay Son commune, is focusing on attracting environmentally friendly and energy-efficient projects aligned with the province’s green growth strategy.
Gia Lai authorities are also reviewing delayed and inefficient land-use projects to prevent waste and free up land resources for capable investors. The province has introduced measures to publicly disclose land rental and infrastructure fees in an effort to improve transparency and encourage fair competition among industrial parks.
Provincial officials said Gia Lai is working toward building a sustainable investment ecosystem supported by transparent institutions, synchronized infrastructure, effective governance and environmentally oriented industrial development.
