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Many 'hundred million USD' projects want to invest in Da Nang

DNVN - The Management Board of Da Nang High-Tech Park and Industrial Zones (DHPIZA) said that many projects with total registered capital of hundreds of millions of USD each have submitted documents and are preparing investment proposal documents for Da Nang High-Tech Park.

Tạp chí Doanh NghiệpTạp chí Doanh Nghiệp15/04/2025

According to DHPIZA, in the first quarter of 2025, attracting investment to high-tech parks (CNC), concentrated information technology parks (IT) and industrial parks (IPs) in the city achieved positive results. DHPIZA has granted new licenses to 4 projects, including 2 FDI projects with a total registered investment capital of 18 million USD and 2 domestic projects with a total registered investment capital of nearly 6,300 billion VND.

Khu công nghệ cao Đà Nẵng.

Danang High-Tech Park.

To date, the CNC zone, concentrated IT zone and industrial parks in Da Nang have attracted 526 projects, including 128 FDI projects with a total registered capital of nearly 2.2 billion USD and 398 domestic projects with a total registered investment capital of nearly 36,000 billion VND. The total registered capital is equivalent to about 3.6 billion USD.

Notably, DHPIZA said that many projects have submitted documents and are preparing investment proposal documents for Da Nang CNC Park. These include the DECENTER Data Center project of MCB DECENTER Company Limited (Vietnam) with a total registered capital of 1.5 million USD; the Battery & BESS Factory project in Vietnam of Smart Tech Group Vietnam Joint Stock Company with a total registered capital of 600 million USD.

The Data Center project of the Mekong Data Center Joint Venture, Newtechco Group Joint Stock Company and Keppel EaaS has a total registered capital of 200 million USD; Foxlink also plans to expand its investment in Da Nang Hi-Tech Park with a total registered capital of 300 million USD.

Previously, in 2024, investment attraction in CNC zones, concentrated IT zones and industrial parks in Da Nang had clearly grown again with a total capital of about 315 million USD (13 projects), considered a "bright spot" in the economic picture that was inherently affected by the COVID-19 pandemic.

One of the key projects is the ICT VINA III Factory of Dentium Co., Ltd. (Korea) with a registered capital of 177 million USD, accounting for 73% of the total FDI capital attracted by Da Nang City in 2024 (243.4 million USD). To date, Dentium has invested in 3 projects in Da Nang Hi-Tech Park with a total registered capital of 257 million USD, making it the largest investor in Da Nang Hi-Tech Park.

According to DHPIZA, this shows that domestic and foreign investors continue to consider Da Nang a safe investment destination, showing confidence in the business investment environment, and continue to expand investment here. However, attracting investment and developing projects in industrial parks in the area have not achieved the set goals.

The main reason is that 4/6 of the city’s existing industrial parks are 100% full, so there is not much “clean” land available for businesses and investors. New industrial parks will need a few more years to complete the technical infrastructure to have land available for allocation. This affects the direct attraction of large-scale production projects that use a lot of land.

Hai Chau

Source: https://doanhnghiepvn.vn/doanh-nghiep/nhieu-du-an-tram-trieu-usd-muon-dau-tu-vao-da-nang/20250415094728566


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