On July 28, according to information from the Gia Lai Economic Zone Management Board, it is expected that on August 19, a groundbreaking ceremony for phase 1 of the Phu My Industrial Park (IP) project will be held.
The Phu My Industrial Park project is planned by Gia Lai province in Phu My Dong commune, with a total area of nearly 821 hectares, with the goal of becoming a modern, multi-industry industrial park.
The province prioritizes attracting investment in areas such as new energy industry, production - manufacturing in the renewable energy ecosystem, metal processing industry, metal production and supporting industries...
The project investor is Phu My Investment Group Joint Stock Company, which will spend more than VND 4,569 billion to build infrastructure and do business in infrastructure for phase 1, with an area of nearly 436.8 hectares.
The provincial government is also investing in completing the coastal route, Phu My port, and building a connecting route from the North - South expressway to industrial parks and ports, to facilitate investment attraction and production and business activities of enterprises.
Previously, the province issued investment cooperation memorandums of understanding to a number of enterprises registered to invest in Phu My Industrial Park, with a total capital of up to hundreds of millions of USD.
Siemens Energy Pte Ltd will implement a green Hydrogen plant project, with an investment capital of 120 million USD; Sino Scitech Semi Shenzhen Vietnam Company will invest 50 million USD in a semiconductor material factory;
China Machinery Engineering Corporation invested 20 million USD in a project to supply a new standard renewable energy system to Phu My Industrial Park.
The investment of thousands of billions of VND in industrial parks is expected to help Gia Lai create jobs for thousands of workers, increase budget revenue and meet growth requirements in the new period.
