At the conference "Meeting Korea in Da Nang: Opportunity to enhance cooperation between Da Nang and Korean partners" within the framework of the Vietnam - Korea Festival in Da Nang City in 2025 on the afternoon of August 1, Mr. Doan Ngoc Hung Anh - Vice Chairman of the People's Council of Da Nang City - said that not only possessing a strategic position in the Central region, Da Nang plays a key role in connecting the East - West Economic Corridor (EWEC).
In addition, Da Nang possesses modern transportation - logistics infrastructure with 3 deep-water seaports, 2 international airports, Nam Giang international border port, 2 world cultural heritages, 1 world biosphere reserve recognized by UNESCO, quality human resources and a favorable investment environment.
Notably, after the merger, Da Nang is rapidly transforming with a series of large-scale infrastructure projects opening up strong potential for urban expansion, industrial development and high-value real estate.
One of the most anticipated projects is the Da Nang Free Trade Zone (FTZ) with a scale of 1,881 hectares. This FTZ will simplify customs procedures, apply attractive tax incentives and closely integrate with Lien Chieu Port and the High-Tech Zone, to form an ecosystem linking production, export and logistics.
The Lien Chieu deep-water port area, expected to be completed in 2025, is an important link in the logistics network of the Central region.
Many experts assess that Lien Chieu Port will help reduce the overload of Tien Sa Port, while also being responsible for transporting large volumes of goods from the Central Highlands, Laos and Northeast Thailand.
The multi-modal connection with logistics corridors will promote the efficiency of supply chain operations in the whole region, creating momentum for industrial real estate development.
At the same time, Da Nang City is investing more than 130 million USD in upgrading airports, Ring Road systems and smart transportation solutions.
According to Mr. Thomas Rooney - Deputy General Director of Savills Industrial Consulting Services, the industrial real estate market in Da Nang is on a steady growth path.
With many new industrial parks implemented along with policy reforms from the central to local levels, Da Nang City is emerging as a strategic destination for industrial investment.
Experts say that in the context of the city's administrative merger with Quang Nam province and orientation to develop FTZ, the potential to expand industrial and logistics land funds is huge.
The prospects of the Da Nang industrial real estate market are still very positive, the simplification of procedures, expansion of industrial land scale through FTZ and proactive development policies are creating a boost for a new investment cycle.
Not only domestic investors but also international corporations are looking for opportunities in a rapidly developing industrial - logistics center like Da Nang City.
