Gia Lai draws over US$33 billion in investment at 2026 promotion conference
VOV.VN - Gia Lai, a Central Highlands province of Vietnam, attracted nearly 300 projects worth more than US$33 billion at its 2026 investment promotion conference held on March 28 under the theme “Gia Lai -Transforming the growth model in the digital era”.
The province granted investment approval decisions and signed memoranda of understanding (MOUs) for 273 projects with total registered and expected capital of about VND850 trillion (equivalent to over US$33 billion).
Of these, 144 projects received investment approval decisions with more than VND230 trillion, while 129 projects were signed under MOUs worth more than VND620 trillion.
Major corporations were involved in large-scale projects, including VinEnergo (renewable energy -VND210 trillion), FLC Group (tourism and logistics -VND150 trillion), Phu Tai (new materials and real estate - VND26.5 trillion), and Sun Group (resort tourism -VND20 trillion).
In his speech, Tran Ba Duong, Chairman and General Director of Thaco, said legal issues in previous years had been addressed, allowing projects to be implemented. He said the company pledges to carry out projects quickly and effectively, thus contributing to sustainable agriculture development in Gia Lai.
Secretary of the provincial Party Committee Thai Dai Ngoc said the results of the conference are a basis for the province to aim for double-digit growth from 2026.
He instructed local authorities to follow the principle of “six clarities” - clear responsibility, tasks, timelines, accountability, results and authority- to ensure projects are implemented and do not remain on paper.
He said the province will build an administration that serves businesses, regard business success as the province’s development, and deal with acts that cause difficulties for investors. He also called on businesses to implement projects on schedule, maintain long-term engagement and strengthen linkages with local enterprises.
Addressing the conference, Deputy Prime Minister Ho Quoc Dung hailed Gia Lai’s efforts and said the results show investor confidence in the province’s development direction.
He urged the province to attract investment selectively under the “three no’s” principle: not sacrificing the environment for growth, not accepting labour-intensive or outdated technology projects, and not choosing investors lacking capacity, while prioritising new-generation FDI projects such as artificial intelligence and semiconductors.
He also said Gia Lai should regard the private sector as the most important driver, push ahead with administrative reform towards serving development, and promptly remove obstacles for investors.