Da Nang commits to supporting investors

Authorities in central Da Nang city will help investors complete procedures to conduct investment projects, especially those in the fields of high-tech zones, software parks, and industrial clusters, according to Chairman of the city’s People’s Committee Le Trung Chinh.

Speaking at a recent meeting of the municipal People’s Council, Mr. Chinh said the city will increase its promotion programs to attract more investment into industrial parks from now to the end of 2023.

Local authorities will instruct relevant agencies to take measures to promote investment as well as adjust and supplement regulations on investment, construction, and land to remove obstacles facing businesses, he said.

The city will also focus on accelerating the disbursement of public investment and speeding up site clearance work to create a “clean land fund” for investors to quickly implement projects, he added.

Da Nang posted GRDP growth of 3.74 per cent year-on-year in the first half, figures from the city’s Statistics Office show.