Ten major large-scale projects will be under construction in Da Nang during 2014, at an estimated total cost of 27.3 trillion VND, up 4% against 2013.

In detail, the overpass project at the Hue T-junction will play a vital role in promoting the city’s socio-economic development.  Developed by a joint-venture between the Trung Nam and the Trung Nam Hue T-junction companies, the over 2 trillion VND overpass will be implemented on the build-transfer basis.  Construction started in September 2013 and is scheduled to be completed on 29 March 2015.  Once opened to traffic, the overpass is expected to help reduce traffic congestion and the number of accidents in the area, as well as to become a unique architectural feature at the northern gateway to the city.

Construction of a 150 billion VND underground parking lot at the new Administration Centre will begin in January 2014.  This project will be the first of its kind in the city and is expected to be completed within 12 months.
 
The Da Nang Hi-tech Park project worth about 9 trillion VND is being implemented in 3 stages: the 1^st from 2012 to 2015, the 2^nd from 2016 to 2018, and the 3rd from 2019 to 2020.  The first stage mainly focuses on developing the technical infrastructure on an area of 328ha at a cost of around 3.5 trillion VND.  Over half of the park is designated for facilities relating to scientific and technological research and development as well as hi-tech human resource training.

An architect’s drawing of the 20,000-seater Hoa Xuan Stadium

The 20,000-seater Hoa Xuan Stadium, costing 40 billion VND to build, will cover an area of 102,550m2.  The stadium will feature a playing surface planted with US Princess 77 Bermuda grass seed, a fish bone-shaped underground drainage system, and an automatic irrigation system.  The project is expected to be completed in August 2014.

The Da Nang Asia Park is being developed by Sun Group.  The 4 trillion VND project covers over 48ha of land and over 40.8ha of water on the south-east side of the 2 September Peace Monument.  Designed by world-renowned American architect Bill Bensley, the park will feature a 125m-high observation wheel and there will be areas for entertainment, eating, drinking, and shopping, plus other facilities.  Construction officially started on 20 May 2013 and, once operational, the park is expected to welcome over 2.5 million visitors per year.

In 2014, top priority will be also given to promoting sustainable tourism in Da Nang.  Every effort will be made to develop tourism as the local spearhead economic sector.  Therefore, investments will be poured into developing the Ba Na-Suoi Mo eco-tourism area, an international complex in Van Village, the Ngu Hanh Son Cultural Park, the Son Tra-Ngu Hanh Son Seaside Resort, and riverside piers and marinas.