Da Nang is currently in the process of overtaking the growth rate in 2015 with the Gross Domestic Product (2010 prices) increasing by 9-10%; Resolution No 01-NQ/TU by the 21st Party Congress of Da Nang City on directions in 2016 has determined the economic structure of Da Nang City (period 2016-2021) toward “Service-Industry-Agriculture”. Accordingly, alongside the development of services, specific steps in industrial development are always seen as hinges, it is necessary to achieve the increase in industrial value from 11-12% per year, thereby, continuing to promote economic restructuring. The priority solution is to gradually upgrade the quality of the industrial economy, in which for investment projects available in the industrial zone, there should be a choice of technological equipment for the investment project. We have to create many products with high quality from a Da Nang brand that can compete in the market and international integration; it is important to have solutions to develop supporting industries and services to promote the sustainable development;
About development space: Apart from the Hi-tech park, the concentrated IT zone and 6 existing industrial zones, the city has expedited the planning of additional industrial zones to the southwest of the city (Hoa Vang Ward) in 2016 with over 1,570 ha of industrial land, including: Hoa Cam Industrial Zone (phase 2: 150 ha), Hoa Nhon Industrial Zone (500 ha) and Hoa Ninh Industrial Zone (680 ha). Da Nang City is calling for investment and giving all favors to business and industrial zone investors, so that investors should utilize this opportunity to begin their investment in industrial zones.
In addition, the comparative advantage of Da Nang is a concentration on diversified economic marine development by efficiently utilizing marine resources, such as: aquatic resources, shipbuilding, seaport services, marine tourism, etc.
Moreover, Da Nang is continuing to maximize the advantage of high quality human resources, through training courses by cooperating with developed countries, such as: Japan, Korea, Europe, the U.S.A., etc. to meet the practical requirements and actively integrate into internal, regional and international scales.
The state management apparatus of Da Nang Industrial and Export Processing Zone Authority is not only a management agency, but has been transformed to mainly support investment projects. Our members - the Civil servants with many years of experience in science and technological implementation in management, rigorously trained in domestic and foreign educational systems and high professional competence are strongly promoting the reform of administrative procedures to create the most favorable conditions for investors according to the policy of the City Party Committee and the City People’s Committee in implementing “Enterprises Year” and “Culture and Urban Civilization Year”. This will certainly be a contributing factor to investor satisfaction, continuously defending the 1st position in the Provincial Competitiveness Index in the coming years.
There is a folk saying that “Observation is the best teacher”! Dear investors, welcome all to Da Nang City to experience a peaceful city, constantly rising with new, potential prospects and vitality. This is a wonderland to trust in and decide upon your investment projects.