How is Da Nang's 'Silicon Valley' doing now?

Da Nang Concentrated Information Technology Park – Photo: DOAN CUONG

Da Nang concentrated information technology park is located in Hoa Lien commune (Hoa Vang district, Da Nang) invested by Da Nang Information Technology Park Development Joint Stock Company.

The project is expected to become one of the best IT development communities in Asia in Da Nang following the model of America's Silicon Valley.

According to the investor, the project has a total area of ​​341 hectares, with a total investment of VND 2,744 billion. Of which, phase 1 is 131 hectares (completed and ready to serve investors), phase 2 is 210 hectares, expected to be built within 5 years (from 2020 - 2025).

This place has a view modeled after America's Silicon Valley - Photo: DOAN CUONG

The actual record at the Da Nang Concentrated Information Technology Park is currently quite deserted. Some roads have become places for cows to graze, with weeds growing wildly. Meanwhile, some constructions have been abandoned over time.

The villas built to house experts are mostly unfinished and desolate...

In addition to investing, constructing and operating synchronous technical infrastructure, the investor also builds accompanying professional areas, services, social infrastructure, schools, etc. However, according to the investor, due to the severe impact of the COVID-19 pandemic and many other reasons, investment attraction has not been as expected.

In addition, according to research, phase 2 of the Da Nang IT park project is also facing problems and the "scope" to solve them is not within the locality's control.

Da Nang has proposed that the central government consider and agree to allow the city to continue implementing related procedures based on the project's existing legal basis (issued investment certificate) on the basis of reviewing financial obligations to ensure no loss of state budget revenue.

The project is currently quite deserted – Photo: DOAN CUONG

Infrastructure such as parks and sports fields at the project – Photo: DOAN CUONG

Villas for experts are mostly abandoned – Photo: DOAN CUONG

Current status of a project – Photo: DOAN CUONG

Investment attraction has not been as expected - Photo: DOAN CUONG

A road in the project becomes a cow grazing area – Photo: DOAN CUONG

Source: https://tuoitre.vn/thung-lung-silicon-cua-da-nang-hien-dang-the-nao-20240815170449591.htm