Da Nang’s adjusted planning draws investors’ interest

Eleven large corporations have registered to study investment in areas under Da Nang’s newly-adjusted planning just after the central city announced information on its adjusted planning by 2030 with vision until 2045 at a ceremony on March 29.
Da Nang’s adjusted planning draws investors’ interest ảnh 1A corner of Da Nang city (Photo: VNA)

Da Nang (VNA) – Eleven large corporations have registered to study investmentin areas under Da Nang’s newly-adjusted planning just after the central cityannounced information on its adjusted planning by 2030 with vision until 2045 ata ceremony on March 29.

Chairman of Imex Pan Pacific (IPP) Group Johnathan Hanh Nguyen said that hiscorporation has a plan to pour more than 8 billion USD in numerous projects in thecity, with the highlight being a regional financial centre in Son Tra district.

Nguyen said IPP has nurtured an ambition to build a financial centre in Vietnamsince 2016, and with the city’s planning, the group now has a chance to makeits dream come true.

He said in the past five years, his firm has made meticulous preparation forconstruction of such centre, including finance, human resources, and connectionwith financial powers in the world.

Other investors like Phat Dat Real Estate Development Corporation, and SunGroup expressed their interest in building free duty areas, urban areas, andgolf courses in Hoa Tien and Hoa Chau districts, and Suon Doi urban area.

However, they said they were worried about sudden surge in land pricesfollowing the announcement of the planning adjustments, as well as challengesin compensation and site clearance.

Chairman of the municipal People’s Committee Le Trung Chinh pledged to create thebest possible conditions for investors, saying he has ordered the Department ofConstruction to join hands with competent departments to pen specificinvestment criteria for each area.

“I guaranteed that investment attraction will be carried out in a transparentand public manner, with local residents’ interest being the top priority”, headded./.
VNA

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