Da Nang tech park draws US$180mln investment

The central city of Da Nang’s high-tech park has attracted six projects valued at US$180 million from two Japanese and four domestic investors, said the head of the park management board, Phung Tan Viet.

da nang tech park draws us$180mln investment hinh 0
He said the park is also keen on attracting more investors from Thailand.

Viet said the park has completed the first stage development of 300ha and started construction of the second stage with an investment of VND363 billion (US$16 million) on the 1,010-ha park in Hoa Vang district, 20km west of the city.

The park was designed as a hub for green and high-tech investors.

Last week, it granted an investment certificate to the U&I Logistics Joint Stock Company for its logistics project with total registered capital of US$14 million.

According to the latest reports, Da Nang has attracted 423 foreign direct investment (FDI) projects worth US$3.68 billion to date.

FDI enterprises in the city earned revenues of US$776 million – of which US$522 million from exports – and contributed US$112 million to the State budget in 2015.


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