Da Nang attracts 11 more investment projects to its industrial parks

Industrial and high-tech parks in the central city of Da Nang have attracted 11 more investment projects since the beginning of the year, said Pham Truong Son, head of the Management Board of Da Nang Hi-Tech Parks and Industrial Zones on June 23.

Da Nang is focusing on developing hi-tech, supporting industries. - Illustrative image (Photo: VNA)
Da Nang is focusing on developing hi-tech, supporting industries. - Illustrative image (Photo: VNA)

These include three foreign direct investment (FDI) projects with total registered investment capital of US$145.3 million and 8 domestic investment projects with total registered capital of VND188.4 billion.

This is considered an encouraging achievement for investment promotion activities in the context of the complicated developments of the COVID-19 epidemic, which has greatly affected domestic and international production and business.

In February, 2021, the Da Nang municipal People's Committee handed over investment registration certificates for seven investment projects worth US$285 million in Da Nang’s Hi-Tech and Industrial Parks.

At the same time, Da Nang announced the Prime Minister’s policy decision to agree on the adjustment and addition of the planning for the development of industrial parks in ​​Da Nang to the master plan on the development of industrial parks in Vietnam by 2025.

The Management Board of Da Nang’s Hi-Tech and Industrial Parks is focusing on promotional activities to attract more investment projects with modern and environmentally-friendly technology, efficient use of natural resources, products with competitive advantages, and efficient use of land.

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