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Da Nang continues drawing more investment

Building on the achievements of “The Year of Promoting Investment Attraction 2019”, the central city of Da Nang is taking key measures to draw more investment this year.
Da Nang continues drawing more investment ảnh 1In Da Nang city (Photo: VNA)
Da Nang (VNA) – Building on the achievements of“The Year of Promoting Investment Attraction 2019”, the central city of Da Nangis taking key measures to draw more investment this year.

Accordingly, Da Nang will effectively realise its masterplan till 2030 with a vision to 2045, complete procedures to hold land auctionsfor projects in the fields of health care, education, trade and services duringthe first quarter of next year.

The city will also call for domestic and foreign investment tohigh-tech, industrial and smart urban areas.

Chief of the Office of the municipal Department of Planningand Investment Tran Van Hoang said as of the late November, the department had consultedwith the municipal People’s Committee about the licensing of nine projectsworth over 8.8 trillion VND (382.6 million USD).

Da Nang has so far lured additional 689.3 million USD inforeign direct investment (FDI).

As of November 31, the city has been home to 812 FDIprojects with a total registered capital of over 3.47 billion USD.

As part of the efforts to improve the business climate, localauthorities will promptly remove obstacles faced by businesses and seekpromising and strategic investors specialised in precision engineering,automation, information technology, support industry and quality services ineducation, health care, tourism, trade and logistics./.
VNA

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