Da Nang city pushing ahead with investment attraction

Participants in the seminar of Da Nang city on March 1 (Photo: VNA)

The city held a seminar on March 1 to receive proposals on helping to refine its development strategies and investment attraction orientations.

Chairman of the municipal People’s Committee Huynh Duc Tho said that in late January, the Politburo issued a resolution on the building and development of Da Nang until 2030 with a vision to 2045.

This resolution has provided the city with special mechanisms and policies that will create momentum for it to reach a new level, thereby helping to give it a development boost in the central and Central Highlands regions.

He noted that as Da Nang is orientating itself towards sustainable development, it is prioritising investment in the high-tech industry, high-tech agriculture, support industry, trade, and tourism. In particular, the city will ensure its responsibility to the community by selecting efficient investment projects that can help develop the city in a sustainable manner.

Japanese Ambassador to Vietnam Kunio Umeda said the Southeast Asian nation is now full of development energy, welcoming opportunities for historic changes.

Japan wishes to connect strongly with Vietnam, he said, adding that it is aware of Vietnam’s importance to peace and prosperity in the whole East Asia region.

He noted that Da Nang is important to Japan, not only in terms of tourism and investment, but also from a strategic angle. The Japanese parliament is considering next year’s budget, part of which will be spent on the establishment of a consulate in Da Nang. If this plan is approved, the Japanese government will set up the consulate there in January 2020.

At the meeting, the Da Nang People’s Committee presented investment certificates and investment consideration permits to 19 projects, with a total capital of nearly 4 billion USD.

VNA