Gia Lai authorities have approved the investment policy for the Tay Giang Industrial Park and selected Binh Hung Industrial Infrastructure Investment JSC as the project investor for the construction and operation of its technical infrastructure.
The Tay Giang Industrial Park will be developed in Binh Khe Commune, Gia Lai Province, covering an area of 300 hectares with total investment of nearly VND 1.8 trillion (USD 69.23 million). The project is licensed for an operating period of 70 years.
Under the Gia Lai Provincial People’s Committee’s requirements, the investor must complete all legal procedures by the end of the second quarter of 2026. Site clearance and infrastructure development will then be accelerated, with completion expected by the fourth quarter of 2029.
Notably, the provincial authorities have required the investor to allocate at least 20 hectares, equivalent to 5 per cent of the park’s total land area, for high-tech enterprises in the private sector, as well as small and medium-sized enterprises and innovative start-ups, in line with policies to promote private economic development.
The Tay Giang Industrial Park is planned as a new-generation, multi-sector ecological industrial park with selective investment attraction. Priority sectors include clean industries, high-tech manufacturing, renewable energy and supporting industries, with the long-term goal of forming a fully fledged ecological industrial park.
