An industrial zone in Da Nang.

Pham Truong Son, Head of the Management Board of Da Nang Hi-Tech Park and Industrial Parks, told VietNamNet that the three new industrial park projects include the Hoa Ninh Industrial Park in Hoa Ninh commune, Hoa Vang district, with an area of more than 400 hectares and estimated investment capital of nearly VND6,800 billion.

The second project is Hoa Nhon Industrial Park in Hoa Nhon commune, Hoa Vang district, covering more than 360 hectares, with total investment of over VND6,800 billion.

The third project is the Hoa Cam Industrial Park - phase 2 in Hoa Tho Tay ward, Cam Le district and Hoa Nhon commune, Hoa Vang district, with an area of over 120 hectares, and total investment capital of over VND2,200 billion.

If the three projects are approved, Da Nang will have nine industrial zones.

The city currently has six industrial parks: Da Nang Industrial Park, Hoa Khanh Industrial Park, Expanded Hoa Khanh Industrial Park, Lien Chieu Industrial Park, Hoa Cam Industrial Park and Da Nang Fisheries Service Area with a total area of more than 1,160ha.

Ho Giap

Da Nang to develop international finance centre

The People’s Committee of central Dang Nang city and the Import-Export Pan Pacific Group (IPPG) has signed a Memorandum of Understanding (MoU) on the development of an international and regional finance centre to attract investors in the future.