VDB - Khanh Hoa Branch Signs a State Investment Credit Agreement
20/07/2026 12:07
On July 13, 2026, in Gia Lai Province, the Khanh Hoa Branch of Vietnam Development Bank (VDB) held a signing ceremony for a credit Agreement with Binh Nghi Industrial Park Infrastructure Investment and Development Co.,Ltd. to provide State investment credit financing for the Investment, Construction and Operation of the Infrastructure of Binh Nghi Industrial Park Project.
The project covers more than 207 hectares in Tay Son and An Nhon Tay communes of Gia Lai Province, an area with particularly difficult socio-economic conditions. Once completed, the project will establish a modern and integrated industrial park infrastructure, creating a ready-to-use land bank to attract both domestic and foreign investors. It is expected to support the development of clean industries, manufacturing and processing industries, and other high value-added production sectors.
The project has a total investment capital of VND 1.46 trillion, of which VDB’s Khanh Hoa Branch will provide a State investment credit loan of VND 900 billion.
Beyond attracting investment, the project is expected to create jobs for local residents, increase incomes, accelerate the province’s economic restructuring toward industrialization and modernization, boost budget revenues, and enhance the competitiveness of Gia Lai Province./.