1 billion USD invested in Gia Lai to develop high-tech industry and agriculture

THANH TUẤN |

Gia Lai Gia Lai province has granted investment policy decisions and investment registration certificates to 27 projects with a total registered capital of VND 26,300 billion.

On August 29, the People's Committee of Gia Lai province held a conference to promote trade investment, introduce the potential, development advantages and orientations of the province in the coming time. The conference attracted hundreds of investors and businesses inside and outside the province to participate.

Mr. Pham Anh Tuan - Chairman of Gia Lai Provincial People's Committee said: "For the eastern area of Gia Lai province, we orient strong development of industry, services and logistics, taking advantage of coastal advantages and connecting infrastructure.

As for the western region, the development orientation focuses on high-tech agriculture, renewable energy and the border gate economy".

Canh dong chuoi bat ngan o phia Tay Gia Lai cua Cong ty CP Hoang Anh Gia Lai. Anh: Thanh Tuan
The vast banana field in the West of Gia Lai of Hoang Anh Gia Lai Joint Stock Company. Photo: Thanh Tuan

The province hopes that investors will participate in developing industry and large-scale specialized areas for key agricultural products such as sugarcane, high-tech dairy cows, coffee, pepper, vegetables, medicinal herbs and high-tech livestock.

At the conference, Gia Lai province awarded investment policy decisions and investment registration certificates to 27 projects with a total registered capital of VND 26,300 billion (more than 1 billion USD). At the same time, the province also signed a memorandum of understanding on investment cooperation for 42 projects with a total estimated capital of VND93,400 billion, equivalent to nearly 3.6 billion USD.

The projects are in many important fields such as agriculture, industry, high technology, trade, services - tourism, urban economy, port services and logistics.

Speaking at the conference, Mr. Doan Nguyen Duc - Chairman of the Board of Directors of Hoang Anh Gia Lai Joint Stock Company - shared: "In Gia Lai, we have developed more than 3,000 hectares of bananas and 300 hectares of durian to meet international standards Global G.A.P. The pig farm system has a capacity of 500,000 pigs, applying a closed-ring model, using bananas as feed".

To attract investment in high-tech agriculture, Mr. Duc suggested that procedures should be quick and clear so that investors can confidently implement. There needs to be a long-term, stable development strategy and planning, avoiding moderate changes, while widely publicizing it for businesses to grasp.

Tap doan Sun Group dau tu vao du an khu do thi, du lich, dich vu. Anh: Thanh Tuan
Sun Group Group invests in urban area, tourism, and service projects. Photo: Thanh Tuan

The representative of FPT enterprise in Gia Lai also proposed that the province should establish an Innovation Zone in Quy Nhon, becoming a place to test specific policies and mechanisms for artificial intelligence, open data, new energy and marine technology.

The province needs to pay attention to developing the coastal technology startup ecosystem, linking universities with research institutes, businesses and international partners.

This orientation will help Gia Lai not only become a large plateau but also become a center of intelligence, technology and innovation of the Central - Central Highlands region, towards data and green energy.

THANH TUẤN
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