Business

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

The central city of Da Nang attracted 13 domestic and foreign-invested projects worth more than 277 billion VND (12.04 million USD) in industrial parks and two others in high-tech parks.
Da Nang woos 15 projects in industrial, high-tech parks ảnh 1Illustrative image (Source: VNA)
Da Nang (VNA) – The central city of Da Nangattracted 13 domestic and foreign-invested projects worth more than 277 billionVND (12.04 million USD) in industrial parks and two others in high-tech parkswith a total registered capital of 366 billion VND (15.9 million USD) in thefirst half

The city has so far lured seven projects valued at 158million USD in high-tech parks, granted licenses to five projects worth 7.050 trillionVND (306.5 million USD) and recorded additional capital of over 1.4 trillionVND (60.86 million USD).

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

Since early this year, the city has granted licensed to2,177 enterprises, branches and representative offices with aggregateregistered capital of nearly 13 trillion VND, marking a 44.8 percent increasein value year-on-year.

The city has so far recorded 19,778 businesses, branches andrepresentative offices with a registered capital of over 97 trillion VND.

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

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

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

Fisheries export was estimated at 90 million USD, up 8.4percent but will still face difficulties regarding material prices and tradebarriers in several markets.-VNA
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# central city of Da Nang #domestic and foreign-invested projects #additional capital #licenses #exports #fisheries #industrial complexes Da Nang
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