Da Nang woos 15 projects in industrial, high-tech parks

da nang woos 15 projects in industrial, high-tech parks hinh 0

The city has so far lured seven projects valued at US$158 million in high-tech parks, granted licenses to five projects worth VND7.050 trillion (US$306.5 million) and recorded additional capital of over VND1.4 trillion (US$60.86 million). 

During the past six months, Da Nang licensed 36 foreign-invested projects worth a total of US$32 million, up 20% in volume and 269.5% in value annually. 

Since early this year, the city has granted licensed to 2,177 enterprises, branches and representative offices with aggregate registered capital of nearly VND13 trillion, marking a 44.8% increase in value year-on-year. 

The city has so far recorded 19,778 businesses, branches and representative offices with a registered capital of over VND97 trillion. 

In order to attract more capital at home and abroad, it will add industrial parks Hoa Nhon, Hoa Cam (the second stage) and Hoa Ninh into the master plan on industrial parks, and soon inaugurate Cam Le, Hoa Nhon and Hoa Khanh Nam industrial complexes. 

In agriculture, the city has issued a plan to implement Resolution 03-NQ/TU on developing Hoa Vang district, built mechanisms and policies to attract investment in hi-tech farming, approved seven high-tech agriculture zones, and built a scheme to open a high-tech agricultural area. 

During the period, Da Nang earned US$696.4 million from exports, up 11.3%. Of them, exports of rubber surged 90% to US$22 million, mostly to Brazil, Myanmar, Malaysia and Thailand, not to mention garment (up 15.5%), electrical equipment and electronics (14.4%), handicraft and wooden furniture (12.9%), and toys (11.7%). 

Fisheries export was estimated at US$90 million, up 8.4% but will still face difficulties regarding material prices and trade barriers in several markets.

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