Central Vietnam province Gia Lai commits to halving investment licensing time

Gia Lai provincial leaders have pledged to shift from a model of “management and control” to one of “creation, partnership, and service” in order to attract more investment.

The south-central coastal province of Binh Dinh and the Central Highlands province of Gia Lai were recently merged to form the new Gia Lai.

The provincial People’s Committee last Friday hosted an investment and trade promotion conference with more than 500 participants, including economic experts and investors.

At the event, many investors emphasized the need for stronger policies, a more open and transparent business environment, and reduced bureaucratic obstacles.

Pham Anh Tuan, Chairman of the Gia Lai Provincial People’s Committee, outlined three strategic priorities for Gia Lai: building an innovative, streamlined, and effective government; introducing targeted policies to remove bottlenecks; and developing a highly skilled workforce.

The province plans to invest in both physical and digital infrastructure, with a particular focus on completing and connecting key transportation routes, including National Highways 1, 19, 25, and 14C, along with airports and seaports.

Gia Lai currently has two economic zones, 24 industrial parks covering 9,450 hectares, and 99 industrial clusters spanning 5,400 hectares, creating favorable conditions for large-scale projects.

Tuan committed to rolling out preferential land, tax, and credit policies for priority sectors, implementing a one-stop service mechanism, and cutting licensing times by half compared with central government regulations.

The province is also prioritizing the development of a professional, transparent, and efficient administration, accelerating digital transformation, and enhancing infrastructure and human resources.

A special task force has been established to promptly address business concerns and ensure a safe, attractive, and reliable investment environment.

Gia Lai is calling for investment in processing and manufacturing industries, high-tech sectors such as AI and semiconductors, and in the western region, areas like high-tech agriculture, renewable energy, and border-gate trade.

Ho Quoc Dung, Secretary of the Gia Lai Provincial Party Committee, reaffirmed the province’s commitment to administrative reform. He promised to cut administrative processing times by at least 30%, eliminate bureaucratic harassment, and maintain regular dialogues with businesses.

Investor satisfaction, Dung stressed, will be used as a key measure of government performance, while business success will serve as the benchmark for task completion.