Production at Da Nang Foster Electric Limited Company at Hoa Cam Industrial Park

Among the investment projects, there are three FDI projects with a total registered capital of USD 145.3 million, and eight domestic projects with a total registered capital of 188.4 billion VND.

So far, Da Nang’s hi-tech and industrial parks have attracted 499 projects with a total registered capital of 26,696 billion VND and 1,744.4 million USD. The projects have generated jobs for 65,752 workers.

According to Pham Truong Son, Head of the management board of Da Nang hi-tech and industrial parks, the aforementioned development growth came from the board’s effort in overcoming  difficulties and shortcomings, and helping investors with administrative procedures.

For the rest of this year, the board will continue to implement and participate in investment promotional activities, enhance business exchanges and connections, and boost information  dissemination about policies and laws related to business.

Moreover, the board will submit to the Prime Minister plans to establish an industrial park in support of hi-tech parks and to invest  in three new industrial parks (phase 2 of Hoa Cam, Hoa Nhon, and Hoa Ninh), actively assist projects with land clearance, and help investors remove their difficulties and obstacles during project implementation.

They will also hold meetings and dialogues with enterprises to discuss ways to overcome difficulties and shortcomings.

Translated by Chung Anh