Da Nang informs about investment attraction roadmap in Free Trade Zone

For Da Nang Free Trade Zone, there are currently many investors approaching here such as seaport investment, with large scale, international level, including high technology investment, chips, microcircuits, semiconductors...

Da Nang informs about investment attraction roadmap in free trade zone

For Da Nang Free Trade Zone, there are currently many investors approaching here such as seaport investment, with large scale, international level, including high technology investment, chips, microcircuits, semiconductors...

Da Nang is conducting comprehensive research and assessment to determine the location of reclaimed land areas to implement the Free Trade Zone.

On December 20, answering the question of the reporter of the Investment Electronic Newspaper - Baodautu.vn about the situation of attracting investment in the Da Nang Free Trade Zone, as well as the issue that investors are most concerned about when investing in this area, Mr. Tran Chi Cuong, Vice Chairman of the Da Nang City People's Committee said that the city has just submitted a Draft to the Prime Minister for consideration, approval, and decision to establish the Free Trade Zone and approve the Project.

“On that basis, Da Nang can implement the next steps such as projects, subdivisions, and calling for investment here…”, Mr. Cuong said.

According to Mr. Cuong, Resolution 136 of the National Assembly on organizing urban government and piloting some specific mechanisms and policies for the development of Da Nang city has the main framework and application of the most prominent mechanisms and policies for economic zones, industrial parks, and high-tech zones, but it is not clear what the Free Trade Zone is, so the city will consult the Government to issue a Decree.

For the Free Trade Zone, many investors have now approached here, such as investing in seaports, on a large scale, internationally, including high-tech investment, chips, microcircuits, semiconductors, etc.

“They approached us in the direction that we have that model. As for the specifics, we will work with investors after we have the Government's Project,” Mr. Cuong shared.

In addition, Da Nang has not announced the specific location of the sea encroachment area, and is conducting comprehensive research and assessment to determine the direction and roadmap for investment and construction.

"The project to establish a free trade zone is seeking approval from the Central Government. Only when the Prime Minister approves will research be allowed to form a sea encroachment zone," said Mr. Cuong.

Da Nang's viewpoint is that in the immediate future, any locations that can be done quickly will be cleared quickly, linked with Lien Chieu seaport and airport to form three main sub-zones in the free trade zone. These are sub-zones for goods production, logistics and trade - services, to form infrastructure and call for strategic investors.

Source: https://baodautu.vn/da-nang-thong-tin-ve-lo-trinh-thu-hut-dau-tu-vao-khu-thuong-mai-tu-do-d233159.html