According to the Provincial Economic Zone Management Board, Gia Lai has planned and developed seven industrial parks, Nhon Hoi A, Becamex VSIP Binh Dinh, Nhon Hoa, Hoa Hoi, Phu Tai, Long My, Nam Pleiku, and Tra Da, with active infrastructure investment underway.
Deputy Head Nguyen Thanh Nguyen said the province targets 45 new investment projects in 2025, with total capital expected to reach VND 22.5 trillion (about USD 870 million).
By the end of September, the IPs had already attracted 19 projects with a combined registered capital exceeding VND 28 trillion (USD 1.08 billion), including five foreign direct investment (FDI) projects worth approximately USD 1.1 billion.
At Nhon Hoa Industrial Park, the infrastructure investor is completing site clearance for a 43.8-hectare expansion, upgrading main roads, and improving green spaces to enhance competitiveness.
Director Tran Thanh Dung said the park has welcomed five new projects this year, totaling VND 1.54 trillion (USD 59.6 million), with nearly 10 hectares leased.
Phase one now records a 95% occupancy rate, hosting 61 secondary projects across 160 hectares, with total registered capital reaching VND 10.106 trillion (USD 391.4 million) and realized capital of VND 5.872 trillion (USD 227.4 million).
Nam Pleiku Industrial Park is also seeing rising investor interest. According to Le Trung Kien, General Director of Chu Se Rubber One Member Co., Ltd., about 30% of its 191-hectare commercial area has been registered for projects in instant coffee processing, fertilizer, construction materials, wood processing, and agricultural machinery.
Since early 2025, two new projects worth VND 850 billion (USD 32.9 million) have been added, with 11 companies signing contracts to lease over 44 hectares. The park aims for full occupancy by October 2026.
Meanwhile, Becamex VSIP Binh Dinh Industrial Park is accelerating international outreach. Deputy General Director Ha Thuc Duy Sang said investment promotion events were held in Zhejiang, China, and Thailand in 2025, helping to forge a strategic partnership with Lacquer Craft Company and strengthen Gia Lai’s image as a regional investment destination.
Despite these advances, challenges remain. Several projects face delays due to land conversion, replacement afforestation, or incomplete internal infrastructure. Environmental and procedural bottlenecks also hinder progress.
Nguyen Tu Cong Hoang, Vice Chairman of the Provincial People’s Committee, urged investors to be proactive in infrastructure completion, connectivity improvement, and administrative efficiency. “Investors must target projects with strong financial capacity and advanced technology, while ensuring environmental protection for sustainable growth,” he said.
To date, Nhon Hoi Economic Zone and the province’s IPs have attracted 531 investment projects (including infrastructure development projects) with a total registered capital of VND 232.674 trillion, of which VND 66.056 trillion has been realized (accounting for 28% of total registered capital). This includes 52 FDI projects with a total registered capital of nearly USD 2.1 billion.
Provincial Chairman Pham Anh Tuan announced that all industrial parks will undergo comprehensive reviews based on infrastructure quality, project progress, financial capacity, occupancy rates, and investment performance. Projects failing to meet standards risk revocation by year’s end.
The province has directed agencies to streamline administrative reforms under the motto “quickly – clearly – accurately,” ensuring maximum support for investors in land use, pricing, resource extraction, fire safety, and labor compliance.
“Gia Lai aims to build an industrial ecosystem where government, businesses, and residents all benefit,” Tuan said. “Enterprises will find not only favorable land and infrastructure but also support in logistics, human resources, and a transparent investment environment.”