Since the start of the year, the Da Nang authorities have granted investment licences for 30 new FDI projects worth 44.04 million USD in total.  These projects focus on priority aspects for the city’s socio-economic development, including services, tourism and the hi-tech industry.

In addition, approval has been given for 15 existing FDI projects to raise their investment capital by a total of 245.57 million USD.  However, a project by the We Are Engineer Company has been cancelled due to a shortage of capital.

The Da Nang Industrial Park

During the same period, the disbursement of foreign investment capital has reached 161.86 million USD, primarily for real estate, the service sector, and for industry to expand production capacity and upgrade production lines.