Da Nang expects to lure at least 10 hi-tech projects by 2020
The central city of Da Nang expects to attract at least 10 investment projects into its hi-tech park by 2020, including at least one major project of a multinational hi-tech company.
Da Nang is currently home to six industrial parks accommodating 446 investment projects (Photo: VNA)
Da Nang (VNA) – The central city of Da Nang expectsto attract at least 10 investment projects into its hi-tech park by 2020,including at least one major project of a multinational hi-tech company.
The target is set in Da Nang’s plan onindustrial development until 2020. Under this plan, the city also wants tobecome an investment destination of two or three leading IT firms of the world.
Chairman of the municipal People’s CommitteeHuynh Duc Tho said Da Nang has favourable mechanisms for hi-tech industryprojects. It also encourages and will assist projects that invest in the supportingindustry, machinery manufacturing, car and transport vehicle production,consumer goods with high added value, and environmental industry.
The city welcomes projects which save naturalresources and fuel, use clean technologies, and create consumer-safe andeco-friendly products. Meanwhile, projects consuming much energy, usingoutdated technologies and posing high risk of environmental pollution will berejected.
To attract hi-tech projects, Tho stressed, DaNang is calling for investment in developing infrastructure, training andresearch establishments, and hi-tech business incubators. It is also hasteningprocedures for the foundation of new industrial parks and clusters.
The municipal authorities have assigned relevantagencies to devise policies to support businesses in manpower training, headded.
Da Nang is currently home to six industrialparks accommodating 446 investment projects. The Da Nang Hi-tech Park hasattracted seven projects with a total investment capital of 157.6 millionUSD.-VNA
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Da Nang is currently home to six industrial parks accommodating 446 investment projects (Photo: VNA) 
