According to the plan, at 8:00 a.m. on August 19, in Phu My Dong commune, Gia Lai province, the groundbreaking ceremony of the Phu My Industrial Park (IP) project, phase 1, will be held to celebrate the 80th anniversary of the August Revolution (August 19, 1945 - August 19, 2025) and National Day on September 2 (September 2, 1945 - September 2, 2025).
The project is invested by Phu My Investment Group Joint Stock Company, with a scale of more than 436 hectares, a total investment capital of over VND 4,500 billion, and an operating period of 70 years.
The industrial park is oriented to develop a new energy industrial ecosystem including green hydrogen, green ammonia, LNG...; manufacturing and production industry in the renewable energy ecosystem; automobile assembly and production; petroleum product warehouse; electronics and data supporting industry...
The current area is mainly rice fields, annual crop land, production forest land and protective forest land that need to be converted. The People's Council of Binh Dinh province (now the People's Council of Gia Lai province) passed a resolution allowing the transfer of more than 274 hectares of forest to other purposes to implement the project, in blocks 1, 3, 7, sub-zone 150, My An commune (Phu My district, old Binh Dinh) on March 21.
Gia Lai province has a plan for aquaculture enterprises in the project area; conducted a counting of land area, crops, and architectural objects of each household; transferred documents to localities to confirm the origin and legality of the land to establish and approve compensation plans.
Phu My Industrial Park is expected to contribute to completing infrastructure, creating a favorable investment environment, attracting industrial production projects, shifting economic structure and increasing budget revenue for Gia Lai province.
In order to link up the regional planning, creating a premise for the formation of an industrial urban area - seaport in the future, on August 8, 2025, the People's Committee of Gia Lai province approved the investment policy and investor of the Phu My Port project, phase 1, with a total capital of more than 6,000 billion VND.
The Phu My Port project has an area of about 205 hectares in Phu My Dong commune, expected to start construction in September 2026, complete and put into operation in October 2028.
The port is directly connected to Phu My Industrial Park, serving the transportation of goods, supplies, equipment, containers, liquid/ air goods, etc., meeting the production and transportation needs of the Industrial Park, while promoting inter-regional transportation and developing maritime logistics.
It is forecasted that by 2030, the output of goods passing through Phu My Port will reach about 3.8 - 4.4 million tons/year, including liquid goods, general goods, containers, supplies, equipment, packaging, bulk goods and energy-specialized equipment.
From 2028, the exploitation capacity is expected to reach 2.4 - 3.0 million tons/year for general goods, containers and about 1.4 million tons/year for liquid goods/air.
The implementation of Phu My Industrial Park and Phu My Port is a step to concretize the Provincial Planning for the period 2025 - 2030, exploiting the maximum potential and advantages of the locality, associated with investment promotion, business support, and industrial production promotion.
