On December 13, the Gia Lai Provincial Investment Promotion Center announced that the Provincial People's Committee had approved the investment policy for 12 projects for the construction and business of technical infrastructure of industrial clusters (CCN) in Canh Vinh, Tay Son, Dak Doa, Kdang, Dak Po communes and Hoai Nhon Nam ward, with a total investment of VND 4,298 billion.
Canh Vinh commune has 5 industrial parks approved for investment, including Canh Hiep Industrial Park (75ha, 375 billion VND), Canh Hiep 1 Industrial Park (75ha, 375 billion VND), Canh Hien Industrial Park (75ha, 400 billion VND), Canh Vinh 1 Industrial Park (75ha, 360 billion VND) and Canh Vinh 2 Industrial Park (75ha, 360 billion VND).
In Kdang commune, Dak Doa Industrial Park was approved for investment with an area of 75 hectares, with an investment capital of 360 billion VND. In Dak Doa commune, there are 2 industrial clusters, Dak Doa 3 Industrial Cluster and Dak Doa 4 Industrial Cluster, each cluster has an area of 75 hectares, with an investment capital of 360 billion VND.
In Hoai Nhon Nam ward, Giao Hoi Industrial Park was approved for investment with an area of 65.26 hectares, capital of 536.4 billion VND. In Dak Po commune, Dak Po 2 Industrial Park was approved for investment with an area of 75 hectares, capital of 322.5 billion VND.
In Tay Son commune, 2 industrial parks approved for investment are Hoc Bom Industrial Park (19.5ha, 89.1 billion VND) and Nam Binh Nghi Industrial Park (75ha, 400 billion VND).
After the investment policy is approved, relevant departments, branches and localities will organize the selection of investors according to regulations. Selected investors must arrange at least 20 hectares or 5% of the total land area of each industrial park to attract high-tech enterprises, small and medium enterprises, and innovative startups.
According to the Gia Lai Provincial Investment Promotion Center, investment in construction and business of technical infrastructure of industrial parks plays an important role in local socio-economic development, contributing to improving production infrastructure, attracting businesses, promoting chain linkages and creating sustainable growth momentum.