Da Nang Free Trade Zone to be established before March 2025

An Thượng |

On December 31, the Government Office announced the Conclusion of the First Meeting of the Steering Committee for the implementation of Resolution No. 136 on the development of Da Nang.

The announcement stated that on December 21, Prime Minister Pham Minh Chinh chaired the first meeting of the Steering Committee for the implementation of Resolution 136/2024/QH15 - on the organization of urban government and piloting a number of specific mechanisms and policies for the development of Da Nang city, marking an important turning point in the effort to develop Da Nang. This resolution opens up specific mechanisms, creating momentum for the city to make a breakthrough.

The Prime Minister highly appreciated Da Nang's tradition of innovation and creativity, and pointed out that the city's potential for socio-economic development has not been fully exploited. Resolution 136 was issued to remove barriers and create breakthrough development momentum for Da Nang. Ministries, departments and the city government quickly took action and implemented assigned tasks.

In the context of Vietnam aiming to build a free trade nation, Da Nang is identified as a locality that "leads the way". The Prime Minister emphasized the spirit of "dare to think, dare to do, dare to take responsibility" and requested Da Nang to achieve double-digit growth in the coming years.

To achieve this goal, the Prime Minister requested that Da Nang must adhere to policies. Comply with the Party and State's guidelines. Have a strategic vision and be decisive in action. Promote internal strength for innovation, creativity, self-reliance and self-reliance. Take practice as a measure and learn from experience. Implement with focus and key points. In particular, it is necessary to decentralize and delegate power. Individualize responsibilities and strengthen control.

The Prime Minister requested ministries, sectors and Da Nang to focus on the following tasks: Strengthening coordination, information sharing, and perfecting operating regulations. Ministries and sectors must complete their tasks on time and support Da Nang in overcoming difficulties.

Da Nang City needs to be proactive and decisive, issue legal documents, propose new mechanisms, and form three new development drivers: Innovation Center, Free Trade Zone, and Regional Financial Center.

Building synchronous, modern, smart infrastructure, reclaiming land to expand space. Improving the investment environment. Promoting digital transformation, creating convenience for businesses and people.

Da Nang proposes to establish a Free Trade Zone. The Prime Minister directed relevant parties to urgently complete legal procedures and appraise documents to submit a decision on establishment before February 28, 2025. At the same time, specific policies for the free trade zone will continue to be studied and evaluated to ensure competitiveness.

Regarding the Lien Chieu port project, the Prime Minister agreed to call for overall investment, select strategic investors, and ensure the port meets green standards and international transit. The outstanding issues related to the old investor will be resolved before January 15, 2025.

In addition, Da Nang is also required to review and adjust the city's planning in accordance with regulations, ensuring publicity and transparency.

The first meeting of the Steering Committee marked the strong determination of the Government and relevant parties in making Da Nang one of the leading developed cities in the country. With Resolution 136, Da Nang is expected to exploit its full potential, create breakthroughs, and contribute to the overall development of the country.

An Thượng
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