Two Gia Lai projects receive investment registration certificates, with combined capital of VND 7.94 trillion
The Gia Lai Economic Zone Management Board has issued investment registration certificates for chemical and fertilizer projects in Phù Mỹ Industrial Park. The projects have planned investments of VND 6.96 trillion and VND 980 billion, respectively. Construction of their first phases is scheduled to begin in late 2026.
The Gia Lai Economic Zone Management Board said on November 10 that it had issued investment registration certificates for two industrial projects in Phù Mỹ Industrial Park. A chemical and green consumer products complex funded by Công ty TNHH Tập đoàn Vnchemora has a total investment of VND 6.96 trillion; a green fertilizer and agricultural chemicals plant funded by Công ty TNHH Gemora Global has a total investment of VND 980 billion.
The chemical project will occupy more than 41 hectares in Phù Mỹ Đông Commune, Gia Lai Province. It plans to produce caustic soda, sodium hypochlorite, ferric chloride, hydrochloric acid and polyaluminum chloride, among other products. Planned annual output is 100,000 tonnes of caustic soda, 150,000 tonnes of chlorine-based products, and 100,000 tonnes each of vinyl chloride monomer and polyvinyl chloride.
Investment in the chemical project is divided into three phases of VND 1.435 trillion, VND 730 billion and VND 4.795 trillion, respectively. The Gia Lai Economic Zone Management Board said construction of the first-phase plant is scheduled to begin in late 2026, with operations starting in December 2028. Construction of the second and third phases is scheduled to begin in May 2029 and December 2030, respectively. The project has a 70-year operating term from the date its investment registration certificate was issued. The board requires the investor to carry out the project in line with its registered scope and committed schedule, and to comply with construction, land, environmental, labor and fire safety regulations.
The fertilizer project is also in Phù Mỹ Industrial Park and will occupy 18.4 hectares. Construction of its first phase is scheduled to begin in December 2026. The first phase is planned to produce 20,000 tonnes of potassium sulfate fertilizer annually, with an estimated 26,500 tonnes of hydrochloric acid generated as a by-product. The second phase will add products including high-quality compound fertilizer and organic fertilizer, bringing planned total annual capacity to 250,000 tonnes.
Source: VietVance
