Merging with Quang Nam, Da Nang has outstanding advantages in implementing the Free Trade Zone

Thu Giang |

Da Nang has all the favorable factors to deploy a Free Trade Zone (FTZ) with a scale of 1,881 hectares after merging with Quang Nam province.

Information from the Management Board of Da Nang High-Tech Park and Industrial Zones, Da Nang City is a place that owns a prime strategic location, the gateway to the Pacific Ocean of the East-West Economic Corridor and is within reach of dynamic markets in the region and the world.

Accordingly, Da Nang's coastline is currently extended to more than 215 km after the merger with Quang Nam, providing direct access, especially convenient to key international shipping routes such as Asia - Europe and Asia - America, which account for 40% of total sea transport volume and 60% of total global container transport volume.

Notably, Lien Chieu International Seaport is oriented to develop as a major seaport with the function of international container transit, seamlessly integrated with Da Nang International Airport, national high-speed railway and railway networks.

This creates outstanding multi-modal logistics capacity, reaching regional scale, providing unlimited trade and investment opportunities within a radius of 2,000 km, connecting most major economic centers of Asia.

Not only that, according to the Management Board of Da Nang High-Tech Park and Industrial Zones, the city owns a complete infrastructure and ecosystem that is rare in Vietnam.

Although not adjacent, the 7 functional areas of the Da Nang Free Trade Zone are closely linked with each other, with other key areas of the city, creating a large, complete and mutually supportive, uncompetitive ecosystem - the only model of connection in Vietnam today.

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Lien Chieu Seaport plays a particularly important role in the Da Nang Free Trade Zone. Photo: VNA

This connection includes:

Seaport: Lien Chieu Port (main international transit port) and Chu Lai Port, optimizing sea transportation and logistics.

Airport: Da Nang International Airport and Chu Lai International Airport, ensuring international and domestic aviation connections.

Roads: Expressways, Ring Roads, modern road systems connecting FTZ functional areas together, Industrial Parks, High-Tech Parks, Concentrated Information Technology Parks, Chu Lai Economic Zone, Nam Giang Border Gate Economic Zone and new urban centers of Da Nang.

Railway: National railway system and urban railway development orientation, enhancing the ability to transport goods and passengers effectively.

Inland waterways: Take advantage of riverside and coastal waterways to supplement freight transport and tourism development.

Da Nang has a solid energy and digital infrastructure:

Da Nang is guaranteed a stable and sustainable energy supply. Power projects in Da Nang, including hydropower plants, have been included in the National Power Development Plan (power Plan VIII), contributing to strengthening energy security for the entire Central region, ready to meet the industrial and urban development needs of FTZ.

In terms of digital infrastructure, Da Nang is one of the important landfall points of Vietnam's leading international fiber optic cables.

Currently, the SMW3 and APG cables have docked in Da Nang.

In the near future, ALC cable (Asia Link Cable) is also expected to make landfall in Da Nang in the third quarter of 2025, continuing to improve international connectivity capacity, ensuring outstanding speed and reliability for digital economic activities and high technology in FTZ.

Thu Giang
TIN LIÊN QUAN

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Investors enjoy superior incentives on taxes and land rents in Da Nang Free Trade Zone

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Investors enjoy outstanding incentives in taxes, customs, land, and streamlined investment procedures at the Da Nang Free Trade Zone (FTZ).

Details of 7 strategic pieces in the Da Nang Free Trade Zone project

Thu Giang |

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