My Khe beach in Da Nang (Source: VNA)Da Nang (VNA) - The central city of Da Nang has called forinvestment in nine projects in tourism and entertainment worth an estimated 500million USD during the APEC Economic Leaders' Week.
The city said it wants the development done asPublic-Private Partnerships (PPP) and Build-Own-Operate (BOO) models.
Deputy Director of themunicipal Department of Tourism Nguyen Xuan Binh said that thebusiness forum was a big chance for the city’s tourism industry to show itspower and potential for cooperation and investment.
He said a horse-racingproject, planned on 500,000sq.m in Cam Le district, was the biggest projectwith a proposed investment capital of 200 million USD, while Ngu Hanh Son(Marble Mountains) Cultural and Historical Park has called for investment of 87million USD.
Binh said the city alsocalled for investment in the first underground shopping centre on Son ThuyBeach in coastal Ngu Hanh Son district with a proposed 40 million USD.
“We call for investmentfrom foreign investors during our promotions in the Republic of Korea, Japan and Europe.The city will ensure favourable conditions for investors with flexible policiesand positive support as well as administrative reform,” Binh said.
“The city also has aneye on calling local and foreign investment in a cruise port and piers, publicparks, an international cuisine centre and a dog-race arena,” he said.
Binh said the projectswould help turn the city into a centre of tourism, shopping and finance in centralVietnam as well as a rendezvous of UNESCO-recognised world heritage featuressuch as Hue Monument Complex, Hoi An Town and My Son Sanctuary in Quang Namprovince; and Phong Nha-Ke Bang National Park and Son Doong Cave in Quang Binhprovince.
According to the Da NangInvestment Promotion and Support Agency, Da Nang has attracted 43 new foreigndirect investment (FDI) projects worth 60 million USD in the first eight months of this year, 4.6 times the amount for the same period last year.
The city now has 461 FDIprojects worth more than 3.6 billion USD, mostly in tourism, services, propertyand industry.
Da Nang encouragesinvestors in high-tech industries and high-quality services in the form ofpublic-private partnerships (PPP), as well as investment in waste treatment,infrastructure development, and solar and wind power.
Earlier this year, thecity listed 68 PPP projects, 22 of them in the high-tech sector. From 2017-20,the city plans to attract investment worth 1.4 billion USD from domestic andforeign businesses.–VNA
Deputy Director of themunicipal Department of Tourism Nguyen Xuan Binh said that thebusiness forum was a big chance for the city’s tourism industry to show itspower and potential for cooperation and investment.
He said a horse-racingproject, planned on 500,000sq.m in Cam Le district, was the biggest projectwith a proposed investment capital of 200 million USD, while Ngu Hanh Son(Marble Mountains) Cultural and Historical Park has called for investment of 87million USD.
Binh said the city alsocalled for investment in the first underground shopping centre on Son ThuyBeach in coastal Ngu Hanh Son district with a proposed 40 million USD.
“We call for investmentfrom foreign investors during our promotions in the Republic of Korea, Japan and Europe.The city will ensure favourable conditions for investors with flexible policiesand positive support as well as administrative reform,” Binh said.
“The city also has aneye on calling local and foreign investment in a cruise port and piers, publicparks, an international cuisine centre and a dog-race arena,” he said.
Binh said the projectswould help turn the city into a centre of tourism, shopping and finance in centralVietnam as well as a rendezvous of UNESCO-recognised world heritage featuressuch as Hue Monument Complex, Hoi An Town and My Son Sanctuary in Quang Namprovince; and Phong Nha-Ke Bang National Park and Son Doong Cave in Quang Binhprovince.
According to the Da NangInvestment Promotion and Support Agency, Da Nang has attracted 43 new foreigndirect investment (FDI) projects worth 60 million USD in the first eight months of this year, 4.6 times the amount for the same period last year.
The city now has 461 FDIprojects worth more than 3.6 billion USD, mostly in tourism, services, propertyand industry.
Da Nang encouragesinvestors in high-tech industries and high-quality services in the form ofpublic-private partnerships (PPP), as well as investment in waste treatment,infrastructure development, and solar and wind power.
Earlier this year, thecity listed 68 PPP projects, 22 of them in the high-tech sector. From 2017-20,the city plans to attract investment worth 1.4 billion USD from domestic andforeign businesses.–VNA
VNA
