Proposal to allocate capital for 33 projects related to Da Nang free trade zone has not been approved

Resolution 136 of the National Assembly defines the free trade zone associated with Lien Chieu port. The specific location of the Da Nang free trade zone has not yet been determined – Photo: TRUONG TRUNG

On the afternoon of December 13, the People's Council of Da Nang city discussed and passed resolutions.

Regarding the resolution submission on the list of 33 technical infrastructure and social infrastructure projects inside and outside the Da Nang free trade zone, the People's Council has not yet approved it.

The implementation of the Da Nang free trade zone is one of the contents of Resolution 136 of the National Assembly with a rather urgent time frame, because Da Nang was given a 5-year pilot period.

So why has the Da Nang City People's Council not passed the resolution?

Chairman of the People's Council of Da Nang City Ngo Xuan Thang said that according to the examination of the Economic and Budget Committee of the People's Council, the reason is that Resolution 136 of the National Assembly does not stipulate that the City People's Council promulgates a list of investment preparations, prioritizes the allocation of investment capital, and supports investment in the construction of technical infrastructure works and social infrastructure inside and outside the free trade zone.

According to Mr. Ngo Xuan Thang, up to this point the free trade zone does not have a specific location, but is only planned and proposed.

Up to now, the Prime Minister has not decided on specific locations (according to the plan, in December 2024, Da Nang will complete the project and dossier to establish Da Nang Free Trade Zone, send it to the Ministry of Planning and Investment for appraisal to submit to the Prime Minister to issue a decision on establishment - PV).

"So the location is still in the planning stage" - Mr. Thang said and asked the delegates to make a decision.

48/48 delegates agreed not to pass this resolution.

Previously, the People's Committee of Da Nang City submitted a proposal of 33 projects for the People's Council of Da Nang City to consider and approve the investment preparation list, prioritizing the allocation of investment capital related to the free trade zone.

Of the 33 projects, 3 are located inside the free trade zone built in Hoa Vang district and 30 are located outside, built in Hoa Vang district and Lien Chieu district.

Specifically, the 3 internal projects include: investment in shared technical infrastructure for production areas; investment in shared technical infrastructure for logistics areas and investment in shared technical infrastructure for commercial service areas and other functions.

Projects outside the free trade zone are mainly related to transport infrastructure, resettlement areas for clearance, urban areas, etc.

The project has not arrived yet, but investors are already "stirring"

Among the 33 projects proposed for priority capital allocation, some notable projects include: logistics infrastructure and dry ports; new urban areas No. 1 and No. 2; Cu De riverside seaport service urban area; resettlement areas in Hoa Son, Hoa Ninh, Hoa Nhon.

Project of the extended western beltway; Ba Na Suoi Mo road extended to the western beltway; Nguyen Sinh Sac road extended; western beltway 2 section from road number 8 to the road connecting the airport tunnel...

According to Tuoi Tre Online , with the establishment of the free trade zone, real estate investors have recently shown interest in areas with these related projects.

Source: https://tuoitre.vn/chua-thong-qua-de-xuat-bo-tri-von-33-cong-trinh-lien-quan-khu-thuong-mai-tu-do-da-nang-2024121318154277.htm