Da Nang will be a strategic investment destination when there is a Free Trade Center

Thanh Hải |

With the establishment of the Free Trade Zone (FTZ), Da Nang is affirming its position as a strategic and modern investment destination for the future.

Head of the Management Board of Da Nang High-Tech Park and Industrial Zones - the unit assigned to manage Da Nang Free Trade Zone (FTZ) - Mr. Vu Quang Hung said: With the launch of FTZ, Da Nang is affirming its position as a strategic, modern and ready for the future investment destination.

Established under Resolution 136/2024/QH15 and Decision 1142/QD-TTg, the Da Nang FTZ model is not only a pioneer but also completely in line with the country's breakthrough development pillars, and is an important part of the national breakthrough ' Four pillars' (Resolutions 57, 59, 66, 68 of the Politburo), demonstrating the vision of the Party and the Government.

Mr. Hung stated that the core attraction of Da Nang is the comprehensive and unique interconnected economic ecosystem in Vietnam. 7 functional areas of FTZ are seamlessly connected to key infrastructure such as seaports (Lien Chieu, Chu Lai), international airports, financial centers, high-tech zones and new urban areas. Located in the center of the East-West Economic Corridor, Da Nang has become an ideal international trading unit.

The foundation for this development is solidly built. In terms of energy, the supply is guaranteed by major projects in the Power Plan VIII, notably the 1,500MW Hoa Ninh LNG power plant. In terms of digital infrastructure, Da Nang is the departure point for many international marine optical cables, ensuring stable and high-speed connections. In particular, high-quality human resources from prestigious universities such as the University of Science and Technology, Duy Tan University with a rate of students having jobs after graduation of up to 97% are an outstanding competitive advantage.

The FTZ model of Da Nang is also a pioneer in applying smart technology from planning (BIM, GIS 3D) to operation (Digital Twin, IoT), bringing accuracy, and service (VR/AR, a transparent electronic gate and outstanding efficiency.

In addition, investors will enjoy special incentives on taxes, customs, land, and streamlined investment procedures. The city's leaders are strongly committed to accompanying and creating the most favorable conditions, making Da Nang the top choice for global investors.

Thanh Hải
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