The central city of Da Nang is set to host the Conference on Investment Promotion for the Central Coastal Region from March 21-23.

The event will attract around 300 participants from provinces, ministries and international organisations, according to the city's People's Committee.

The two-day conference at the Crowne Plaza Da Nang will be a chance for businesses, international and domestic investors and the leaders of nine provinces and cities in the region to seek investment opportunities.

It will also provide an opportunity to review existing investment projects to ensure future effectiveness.

According to the organising committee, the conference will draw representatives from the World Bank, the Asia Development Bank (ADB) and various Chambers of Commerce in Vietnam (including American, European and Australian).

Business associations from Germany, Singapore, Chinese Taipei and S.Korea, and the United Nation Industrial Development Organisation (UNIDO) and UN-Habitat will also be on hand.

The region, containing Thua Thien– Hue, Da Nang, Quang Nam, Quang Ngai, Binh Dinh, Phu Yen, Khanh Hoa, Ninh Thuan and Binh Thuan, has attracted 943 projects, including 775 FDI ones, with a total capital of over 1.3 billion USD.-VNA