Gia Lai has granted investment approval for 273 projects with total registered capital of nearly VND840 trillion (US$34 billion), as the province seeks to position itself as a key growth driver in the region.

A surge of investment commitments

On March 28, the Gia Lai People’s Committee held its 2026 investment promotion conference, drawing participation from domestic and international stakeholders.

Speaking at the opening, Chairman of the Gia Lai People’s Committee Pham Anh Tuan pledged to build a development-oriented, transparent and action-driven administration, shifting from a management mindset to one focused on service and partnership, with businesses and investors placed at the center.

All policies, he said, are aimed at fostering a transparent, stable and genuinely competitive investment environment.

Operating under the principle of “not wasting a day, not delaying a week, not missing an opportunity in a month,” the province is implementing tasks decisively and efficiently, guided by six clear criteria: clear responsibilities, clear tasks, clear timelines, clear accountability, clear outcomes and clear authority.

Strengthening investor confidence and governance

Pham Anh Tuan emphasized that the province will accompany businesses throughout the entire lifecycle of their projects, from preparation and implementation to operation and expansion.

Gia Lai will also maintain regular dialogue mechanisms to promptly identify and resolve challenges, preventing bottlenecks from emerging.

At the same time, the province is focusing on building a professional, dedicated and accountable civil service, strengthening administrative discipline and strictly addressing any acts that cause inconvenience or harassment to businesses.

Authorities reaffirmed their commitment to protecting the legitimate rights and interests of investors, ensuring a fair and transparent competitive environment, while prioritizing projects with long-term vision and strong development impact.

Transitioning toward a knowledge-based growth model

In his remarks at the conference, economist Tran Du Lich noted that while Gia Lai has achieved an average annual GRDP growth rate of around 7.2%, higher than the national average of 6.3%, it is unlikely to reach breakthrough growth of 10–10.5% in the coming period if it continues to rely on a traditional model driven mainly by capital investment and low-cost labor.

To achieve higher growth, he said, the province needs to transition toward a model based on knowledge, innovation, digital transformation and green development. This shift is essential to improving productivity, increasing value creation and fully leveraging local advantages.

At the conference, Harsha Vardhan, Director of Supply Chain Development at Syre Impact AB (Sweden), expressed interest in collaborating with partners across the value chain - from waste collection and material sorting to fiber production, textile manufacturing, technology supply and logistics - to invest in Gia Lai.

Government calls for targeted and sustainable investment

Addressing the conference, Deputy Prime Minister Ho Quoc Dung commended Gia Lai’s efforts in organizing the event and highlighted the critical role of the business community in driving economic growth.

He stressed the need for the province to effectively implement Party resolutions, prioritize high growth as a central and consistent objective, and enhance investment promotion in a more focused, selective and substantive manner.

He also called for stronger administrative reform and improved governance efficiency.

The Deputy Prime Minister urged both domestic and international businesses to invest confidently in Gia Lai, affirming that the government will continue to accompany and support investors to ensure effective, stable and sustainable project development.

Tran Hoan