As Lao Dong Newspaper has reported, Nam Pleiku Industrial Park (VRG Gia Lai Industrial Park Branch), invested by Chu Se Rubber One Member Co., Ltd.
The project has a total area of over 191 hectares, with an investment capital of VND 476.6 billion, and has been approved by the Prime Minister since September 3, 2019.
However, since then, the project has not been put into operation and has not attracted businesses to invest in factories, production and processing.
The reason is that the investor has encountered many problems related to legal procedures such as: licensing, land planning, traffic connection, file appraisal, etc.
Mr. Le Trung Kien - General Director of Chu Se Rubber One Member Co., Ltd. - said: "The project is behind schedule, affecting the mobilization and investment attraction in the area, especially in the field of deep processing of agricultural products such as pepper, coffee, passion fruit... While the company expects revenue and attraction of this industrial park".
The current rental price is 25 USD/m2 for 46 years (excluding VAT), with a full payment. For businesses renting premises annually, the unit price is 12,000 VND/m2/year and will be adjusted according to price fluctuations.
Currently, Chu Se Rubber Company has just constructed the infrastructure in phase 1 of the project, with a total investment of more than 113 billion VND, reaching 23.7% of the total investment capital.
Mr. Nguyen Tu Cong Hoang - Vice Chairman of Gia Lai Provincial People's Committee - has assigned the Provincial Economic Zone Management Board, Ia To and Bo Ngoong Commune People's Committees, and relevant departments and branches to coordinate to promptly complete procedures on policies, land use planning, compensation for site clearance, and appraisal of design documents for licensed items.
The Vice Chairman of the Provincial People's Committee requested that all infrastructure of Nam Pleiku Industrial Park must be completed before October 2026.
