Da Nang draws 11 more investment projects in industrial, hi-tech parks

Workers at Hoa Cam industrial zone (Photo: VNA)

Da Nang – The central city of Da Nang has attracted 11 investment projects into its industrial and hi-tech parks since the beginning of this year, including three FDI projects worth 145.3 million USD and eight domestic-invested ones totaling 188.4 billion VND (8.2 million USD).

This is an encouraging achievement for the city’s investment promotion amidst complicated developments of the COVID-19 pandemic, which has greatly affects domestic and international production and business, said Pham Truong Son, head of the management board of Da Nang’s industrial and hi-tech parks, on June 23.

To date, industrial and hi-tech parks in the city have attracted 499 projects, of which 368 are domestic-invested, with a total capital of nearly 26.7 trillion VND, and 131 are foreign-invested, with a total investment of 1.74 billion USD.

To help enterprises maintain production and business but still ensure the safety of employees, Son said that the management board has strengthened inspection and supervision over COVID-19 prevention and control measures.

Since the beginning of this year, 250 businesses have been inspected, with fines proposed for three firms for their violations of pandemic prevention rules. All 60,499 workers and labourers in local IPs and hi-tech parks have been given COVID-19 testing.

Permanent Vice Chairman of the municipal People’s Committee Ho Ky Minh said that in the last six months of the year, the committee will continue keeping a close watch on the pandemic, helping businesses deal with difficulties and maintain and develop production and export.

The city will focus on completing procedures for calling for investment in Hoa Nhon, Hoa Hiep Bac and Hoa Khanh Nam industrial clusters and promote investment in industrial clusters such as Hoa Son and Non Nuoc stone processing villages.