Business

Da Nang tech park draws 180mln USD investment

The central city of Da Nang’s high-tech park has attracted six projects valued at 180 million USD from two Japanese and four domestic investors, said the head of the park management board, Phung Tan Viet.
Da Nang tech park draws 180mln USD investment ảnh 1Hoa Cam warehouse in Da Nang city (Photo: VNA)

Da Nang (VNA) - The central city of Da Nang’s high-tech park has attractedsix projects valued at 180 million USD from two Japanese and four domesticinvestors, said the head of the park management board, Phung Tan Viet.

He said the park is also keen on attracting more investors from Thailand.

Viet saidthe park has completed the first stage development of 300ha and startedconstruction of the second stage with an investment of 363 billion VND (16million USD) on the 1,010-ha park in Hoa Vang district, 20km west of the city.

The parkwas designed as a hub for green and high-tech investors.

Lastweek, it granted an investment certificate to the U&I Logistics Joint StockCompany for its logistics project with total registered capital of 14 millionUSD.

Accordingto the latest reports, Da Nang has attracted 423 foreign direct investment(FDI) projects worth 3.68 billion USD to date.

FDIenterprises in the city earned revenues of 776 million USD – of which 522million USD from exports – and contributed 112 million USD to the State budget in2015.-VNA 
VNA
#high-tech park#FDI projects
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