Da Nang exchanges cooperation with JBIC Bank (Japan)

Standing Vice Chairman of the City People's Committee Ho Ky Minh (5th from left) presents a souvenir to a representative of JBIC Bank. Photo: M.QUE

Standing Vice Chairman of the City People's Committee Ho Ky Minh said that Da Nang is focusing on developing tourism , services, and high-tech industry, in which the semiconductor microchip sector is the spearhead.

The city is developing semiconductors in three directions: infrastructure, policy, and human resources. Da Nang has been preparing land funds, concentrated information technology zones, software parks, and high-tech zones for businesses to implement projects on semiconductors and artificial intelligence.

Regarding policy, the City People's Council has passed three resolutions effective from January 1, 2025 to develop the semiconductor industry, by concretizing Resolution No. 136/2024/QH15 of the National Assembly on the organization of urban government and piloting specific mechanisms and policies for the development of Da Nang city.

Regarding human resource training, in 2025, the city will continue to deploy training courses and foster domestic and foreign source lecturers related to microchip design and packaging testing.

Da Nang is also a locality that is allowed to pilot and build new development models such as free trade zones and regional financial centers. In the coming time, the Government will decide to establish the Da Nang Free Trade Zone, so the city hopes that JBIC Bank will be interested in introducing investors to the free trade zone.

Recently, the city launched the Hoa Ninh Industrial Park (IP) project in Hoa Ninh commune, Hoa Vang district, with a total area of ​​400 hectares and a total investment of more than 6,200 billion VND. It is expected that there will be a liquefied gas thermal power plant project here, which is very potential for investment.

At the meeting, the two sides discussed to clarify more information about key projects of Da Nang such as Hoa Ninh Industrial Park, financial center, free trade zone... In addition, there are orientations for developing semiconductor microchips, tourism and service development.

It is known that JBIC Bank is a policy financial institution under the Japanese Government with four main areas of operation: securing natural resources, developing international business, protecting the global environment, and stabilizing financial order.

JBIC supports a total of 344 projects in Vietnam worth more than 950 billion Yen, of which Da Nang has 3 projects in the manufacturing industry.

In addition to manufacturing, JBIC plans to expand into projects such as strengthening the supply chain of critical minerals, semiconductors, and storage batteries; and industrial production facilities serving the operations of Japanese companies, including information and communications infrastructure.

CINNAMON

Source: https://baodanang.vn/kinhte/202504/da-nang-trao-doi-hop-tac-voi-ngan-hang-jbic-nhat-ban-4004608/