Da Nang grants investment approval for 10 new projects, total capital of over 24,300 billion VND
In 2024, Da Nang city issued new investment decisions for 10 projects with a total investment capital of more than VND 24,300 billion, including many large real estate projects.
On January 10, the Department of Planning and Investment of Da Nang City said that as of December 31, 2024, the City had attracted more than 75,000 billion VND of domestic investment capital, compared to the same period in 2023, it was 55,439 billion VND, an increase of 35.2%.
Of which, there are 10 newly issued projects with investment policy approval decisions and investment certificates, with a total investment capital of VND 24,393 billion, compared to the same period in 2023 with 13 projects with a total capital of VND 7,609 billion, an increase of more than 220%. There are 6 projects with increased capital, with an additional capital of VND 50,613 billion.
Some new projects have been approved for investment such as the Trade Center, Office for rent and High-rise Housing of Thanh Lam Real Estate Joint Stock Company, with an investment capital of more than 1,167 billion.
Sao Do Commercial Center, Office Building and Apartment Complex of Sao Do Da Nang Joint Stock Company has a total capital of more than 3,430 billion VND.
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| Da Nang City has granted new investment policies for many projects. Photo: Hoang Anh |
The Han River Park Apartment Project of Hung Anh Land Company Limited has a capital of over 628 billion VND. The Danang MARINA luxury apartment complex, BNC LAND Joint Stock Company, has a total capital of over 1,113 billion VND.
In addition, the Bright Star Tower project, of Bright Star Tower Company Limited, has an investment capital of more than 2,450 billion VND. The commercial complex, hotel and tourist apartment - Nobu Danang, of CIRCLE POINT Real Estate Joint Stock Company, has a total capital of 1,483 billion VND.
The Legend City Danang Trade Center, Hotel and Apartment Complex of VIPICO LLC, with a total capital of over 3,000 billion VND.
Da Nang City also granted a policy for the Creative Space project in Hoa Xuan ward, Cam Le district, awaiting auction, with a total capital of VND9,800 billion, and the Multi-purpose Waste Treatment Plant, with a total capital of VND243 billion.
Regarding FDI attraction, by the end of 2024, Da Nang City attracted 243.358 million USD. Of which, there were 71 newly licensed projects with newly registered capital of 233.621 million USD. In addition, there were 28 projects with increased and decreased capital, with a capital of 7.867 million USD...
Accumulated to December 31, 2024, Da Nang City has 1,021 FDI projects, with a total investment capital of more than 4.573 billion USD.
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