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Da Nang grants licences to six investment projects

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.
Da Nang grants licences to six investment projects ảnh 1Da Nang has so far lured 496 projects worth nearly 2.9 billion USD in the High-Tech Park and industrial parks (Photo: VNA)

Da Nang (VNA) – The central city of Da Nang onFebruary 23 granted investment licences to six investment projects in localHi-Tech Park and industrial parks, including three foreign-invested projects.

The three FDI projects are funded by Japanese and US investors.They are a 110-million-USD semiconductor factory, a 35-million-USD Fujikin DaNang research-development-production centre, and a 300,000-USD packaging factory. The three domestically-invested projects have a total capital of 73.4 billion VND.

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

According to Pham Truong Son, head of the Da Nang Hi-Tech Park and IndustrialZones Authority, of the projects, three are located in the Da Nang Hi-Tech Parkwith total investment of over 280 million USD, using high technology andcreating high added value. These projects are expected to make Da Nang moreattractive for high tech investors, he said.

So far, the Da Nang Hi-Tech Park has attracted 24 projects,including 12 domestically-invested projects worth 6.29 trillion VND (273million USD) and 12 FDI projects worth 545.1 million USD. Meanwhile, Da Nanghas lured 496 projects worth nearly 2.9 billion USD in the High-Tech Park andindustrial parks./.

VNA
#Da Nang #foreign-invested projects #US investors #Da Nang Hi-Tech Park #FDI projects #Vietnam #Vietnam news #Vietnam News Agency Da Nang
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