Central Da Nang city attracts 30 investment projects to high-tech park

As of November 30, central Da Nang city has granted licenses to four investment projects in the Hi-Tech Park, the concentrated Information Technology Park (Phase 1), and industrial parks in the city.

These include two foreign direct investment (FDI) projects with a total registered investment capital of approximately $178.5 million, and two domestic investment projects with a total registered investment capital of VND810 billion ($31.8 million).

Cumulatively, the central city has attracted 521 investment projects across these areas.

This consists of 396 domestic investment projects with a total investment capital of over VND33.87 trillion (over $1.33 billion) and 125 foreign-invested projects with a total investment capital of over $2.22 billion.

The Da Nang Hi-Tech Park alone has attracted 30 projects to date, including 17 domestic investment projects and 13 FDI projects. The total registered capital from the 13 FDI projects stood at over $1 billion, accounting for nearly 45.5% of the total FDI investment capital poured into the city.

As one of the three hi-tech parks in the country and the only one in the central region, the Da Nang Hi-Tech Park, located in Hoa Lien commune, Hoa Vang district, is identified as a critical infrastructure to help position Da Nang as a high-tech center of the whole central region.

Currently, the park has reached an occupancy rate of over 50%.

It is focusing on attracting investors in high-tech fields, particularly microchip semiconductors, to expand production in "clean" industries that achieve high added value.