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.
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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.
