On August 22, Da Nang City People's Committee coordinated with Capella Quang Nam Joint Stock Company to organize the groundbreaking ceremony of Tam Thang Industrial Park expansion 2 in Thang Truong commune, Da Nang.
The project has a scale of 110.7ha, total investment capital of 550 billion VND, operating term of 70 years. The goal is to build and operate industrial park infrastructure to attract projects in a green, modern, advanced technology direction and with high competitiveness. The project implementation progress is 48 months from the date the investor is allocated or leased land.

Not only expanding the industrial land fund, the project is expected to create more production space, attract domestic and foreign investment capital, form a new business ecosystem, thereby creating more jobs for people, increasing budget revenue and becoming a new growth engine in Southern Da Nang.
This prospect is based on the foundation of Tam Thang 2 Industrial Park implemented in 2015. According to Capella Quang Nam Joint Stock Company, this industrial park has attracted 11 FDI enterprises and 4 domestic enterprises, with a total investment capital of more than 10,000 billion VND; thereby contributing to economic restructuring, job creation and improving social security issues in the locality.
Notably, the city government requires the development process of the new industrial park to be associated with social infrastructure, worker housing and essential services. People in the project area must directly benefit from the development process, through jobs, income and development opportunities; workers also need to be guaranteed conditions on housing, schools, healthcare and cultural and social institutions.

On the investor's side, Capella Quang Nam said that it will coordinate with the government and functional agencies in training, connecting labor supply and demand, helping local people access suitable job positions. The enterprise also identifies social security as an inseparable part of the project development process, associated with the responsibility of caring for people's lives and community programs.
The investor also committed to prioritizing high-quality industrial projects, advanced technology, and environmentally friendly; and at the same time creating conditions for local workers to have jobs, stable incomes and opportunities to improve the quality of life for workers in the southern city area.
