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You are here: Home / Central city Da Nang designed as investment destination

Central city Da Nang designed as investment destination

Trucks unload cargo at a logistics in Hoa Cam Industrial zone in Da Nang. The city has been boosting it as a potential destination for investment in Asia. — VNS Photo Cong Thanh The central city of Da Nang has been planning for an international and regional finance centre, a national start-up centre, a duty-free zone, an expansion of the international airport and a new deep-sea port for the Master Plan for 2030, creating a magnet for future large investors. Vice-chairman of the city’s people’s committee, Tran Phuoc Son made the statement at an investment forum – Da Nang: a potential investment destination in Asia – a prelude event of the Invest Da Nang Forum for resuming economic and investment activities post-COVID-19. Son said the city’s gross regional domestic product (GRDP), which had earned a stable growth of 7.17 per cent in 2016-19, witnessed a recovery in the first half of this year of 7.23 per cent. He said 4 out of 10 confirmed air routes from six airlines had opened again since early this year, while more new air routes linking India, Australia, Japan and Europe are on the way. The city and the Import-Export Pan Pacific Group (IPPG)… Read full this story

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