Da Nang attracts investment capital into Free Trade Zone and logistics infrastructure

Da Nang City is promoting investment in logistics infrastructure, to shape the City's growth rate and competitiveness for decades to come.

On the afternoon of November 28, Da Nang city held a conference to attract investment in the Free Trade Zone and logistics infrastructure.

Speaking at the Conference, Mr. Le Quang Nam - Vice Chairman of Da Nang City affirmed that the Prime Minister 's decision to approve the establishment of Da Nang Free Trade Zone has paved the way for a new development model of the City, a model of innovation, breakthrough thinking and the desire to reach international standards.

Da Nang Free Trade Zone with functional areas of production - logistics; trade - services; digital technology industry, innovation.

Da Nang city held a conference to attract investment in the Free Trade Zone and logistics infrastructure.

Besides, there are other types of functional zones associated with seaports, airports, international border gates, international financial centers, economic zones, industrial parks...

With diverse functional areas, Da Nang Free Trade Zone will form a new economic ecosystem, a free and competitive development space, attracting and connecting with global trade flows.

Notably, the production - logistics functional area will play an important role, contributing to making Da Nang an international production and goods transit center, closely connected with Lien Chieu Port, Tien Sa, Ky Ha, Da Nang International Airport, Chu Lai Airport and the East - West Economic Corridor.

Mr. Le Quang Nam - Vice Chairman of Da Nang City spoke at the conference.

According to Mr. Le Quang Nam, the merger of Da Nang city and Quang Nam province also opens up new development space for the city.

With its strategic location, Da Nang possesses a synchronous and diverse transport infrastructure system, which is an advantage for Da Nang to break through and become an important link in the Asia-Pacific supply chain...

According to Mr. Le Quang Nam, Da Nang city currently has two international airports, so connecting and forming a supply chain from Da Nang airport to Chu Lai airport is an important issue.

According to the plan, Da Nang City determined that the eastern area - extending from Da Nang airport and ending at Chu Lai airport - will form a chain of urban areas along the coast and form a key economic and social development area in the east.

In the West, the focus will be on developing agriculture, industrial parks and high-tech agricultural zones.

Da Nang city is attracting investment in logistics infrastructure.

“With such planning, the formation of commercial centers and logistics zones is a matter of survival for Da Nang and a development priority in the future planning strategy,” said Mr. Le Quang Nam.

The Vice Chairman of Da Nang City affirmed that special mechanisms, policies and new space will open up new investment opportunities, especially in the logistics sector - a sector that will shape the growth rate and competitiveness of Da Nang in the coming decades.

“Da Nang City is committed to accompanying businesses and international partners, listening and creating all favorable conditions to turn orientations into concrete actions, turning Da Nang's potential into practical values, making Da Nang a livable, investable, and trustworthy place for the international community,” said Mr. Le Quang Nam.

Source: https://baodautu.vn/da-nang-thu-hut-dong-von-dau-tu-vao-khu-thuong-mai-tu-do-ha-tang-logistics-d444322.html