Business

Da Nang to build horse racing centre

The central city of Da Nang is planning to allocate 300ha for the development of a horse racing track and farm with total investment of 200 million USD.
Da Nang to build horse racing centre ảnh 1A development plan of Da Nang city (Photo: VNA)

Da Nang (VNA) - The central city of Da Nang is planning toallocate 300ha for the development of a horse racing track and farm with totalinvestment of 200 million USD.

Deputy Director of the city’s Investment Promotion Agency (IPA) Huynh Thi LienPhuong, said an investor – Maxtrix Holdings – had asked the city to allocate100ha for a race track and 200ha for a farm and training facilities.

Lien said the city had chosen an appropriate area for the project.

The project has the biggest investment of 44 plans approved by the municipal People’sCommittee last month.

The city is also looking to develop the Da Nang Software Park No 2 on 5.26hawith an estimated 91.6 million USD, and the Pegasus University urban zone withan investment of 15 million USD.

It said the project would include a software park, a 26-storey apartmentbuilding and offices.

Da Nang will reserve land for building a financial centre, casino and resortprojects along Vo Van Kiet and Vo Nguyen Giap streets in Spn Trà district.

According to the IPA, Da Nang has granted 322 new licences for domesticinvestors worth 97 trillion VND (4.2 billion USD), and attracted 675 foreign directinvestment projects worth 2.9 billion USD.

The IPA said businesses from Singapore are eying Da Nang as a potentialinvestment destination in central Vietnam, especially in the fields of health care,advanced technology and tourism.-VNA
VNA
#Da Nang city #horse racing track in Da Nang #horse racing centre in Da Nang #Maxtrix Holdings #investment in Da Nang #foreign investment in Da Nang #Da Nang Software Park No 2 #updated Vietnam news #Vietnamplus #Vietnam News Agency Da Nang
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