Da Nang grants licences to six investment projects

Wednesday, 2021-02-24 11:48:50
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Investment licences granted to projects in Da Nang.
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NDO/VNA – The central city of Da Nang on February 23 granted investment licences to six investment projects in local Hi-Tech Park and industrial parks, including three foreign-invested projects.

The three FDI projects are funded by Japanese and US investors. They are a US$110-million semiconductor factory, a US$35-million Fujikin Da Nang research-development-production centre, and a US$300,000 packaging factory. The three domestically-invested projects have a total capital of VND73.4 billion.

Besides, the city also gave in-principle approval to a US$135-million project on 3D printing services of Arevo Inc. from the US at the Da Nang Hi-Tech Park.

According to Pham Truong Son, head of the Da Nang Hi-Tech Park and Industrial Zones Authority, of the projects, three are located in the Da Nang Hi-Tech Park with total investment of over US$280 million, using high technology and creating high added value. These projects are expected to make Da Nang more attractive for high tech investors, he said.

So far, the Da Nang Hi-Tech Park has attracted 24 projects, including 12 domestically-invested projects worth VND6.29 trillion (US$273 million) and 12 FDI projects worth US$545.1 million. Meanwhile, Da Nang has lured 496 projects worth nearly US$2.9 billion in the High-Tech Park and industrial parks.