Da Nang calls for 587.3 million USD in investment in IZs

The Da Nang Hi-Tech Park and Industrial Zones (IZs) Authority (DHPIZA) has offered bidding documents for preliminary selection of investors for infrastructure development of three industrial zones in 2020-2023.

DHPIZA’s head Pham Truong Son said the international bidding will help seek eligible domestic and foreign investors developing infrastructure works on two new industrial zones (IZs) of Hoa Nhon, Hoa Ninh, and the second stage of Hoa Cam IZ on total 880ha with an estimated investment capital of 13.8 trillion VND (587.3 million USD).

He said the IZs have been designed as ‘green’ and ‘clean’ IZs, calling for hi-tech and environmentally-friendly industries in 2020-2023.

The bidding of the three projects will open for all qualified investors on May 28, and the winners would commence construction later this year.

To date, the Da Nang Hi-Tech Park and six other industrial zones have drawn 505 projects worth 2.6 billion USD. These projects earned revenue of 35.6 trillion VND (1.51 billion USD) in 2019, contributing 213 million USD to the local budget.


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