At the business forum "Invest Da Nang 2017" (Photo: VNA)

Da Nang (VNA) –
The central coastal city of Da Nang is deploying a number of measures to increase investment attraction in 2018.

According to Chairman of the municipal People’s Committee Huynh Duc Tho, the city will build on achievements gained in 2017, particularly the successful organisation of the APEC Economic Leaders’ Week and Da Nang Investment Forum.

Local authorities pledged to create the optimal conditions for investors to carry out and put into operation tourism and resort projects.

The city targets the creation of high added value products, especially in the field of science and high technology.

The inspection and treatment of environmentally polluted areas, including industrial parks, will be stepped up in the coming time.

Preferential policies will be devised to lure large-scale industrial production investors and businesses in high-added value and environmentally friendly fields.

The city will work to ensure labour safety, improve infrastructure, and ease traffic jams.

It will focus on finalising a master plan for socio-economic development by 2035 with a vision toward 2050 and building projects, mechanisms and policies to develop tourism and services.

As a driving force of the central region’s key economic zone, Da Nang is leading in the development of infrastructure as well as land, railway and airway connectivity for the central and Central Highland regions.

In 2017, the gross regional domestic product (GRDP) recorded a year-on-year growth of 9 percent. 

To date, industrial parks in the city have attracted more than 400 investment projects, of which 100 are foreign invested ones, creating jobs for over 74,000 labourers in the locality and vicinities.-VNA