After 2 years of the implementation of its investment promotion strategies, Da Nang’s Hoa Vang District has achieved some encouraging results. Most notably, the district has attracted a growing number of investment projects, especially in the aspects of hi-tech agriculture and tourism.

The production of hanging flower baskets made in Duong Son Village, Hoa Chau Commune, Hoa Vang District has generated high economic values.

According to Mr Dang Phu Hanh, the Vice Chairman of the Hoa Vang District People’s Committee, it is no doubt that investment promotion has been the top priority in the district’s operating activities over recent years. The district-level administration has identified 2019 as the year of environmental protection, administrative reform and investment attraction.

In an attempt to woo even more investors from both home and aboard, following the district authorities’ instructions, importance has been attached to developing infrastructure construction and effectively streamlining administrative procedures, with a heed paid to increasing the provision of online public services, especially in such aspects as investment, construction, land use, tax and finance.

Furthermore, the district authorities have shown their willingness to help businesses overcome their difficulties and obstacles in site clearance, and to enable them to access the municipal and district-level preferential policies.

In particular, low-interest loans from the municipal Social Policy Bank have been offered to those who want to pour their money into eco-tourism, hi-tech agricultural applications and other aspects.

Up until now, the municipal administration has given the green light to the development of 7 hi-tech agricultural projects, covering a total area of over 500ha in the district.

Aside from these already-planed projects, the district authorities have proposed the municipal administration to approve the development of agricultural production areas in combination with eco-tourism promotion in Hoa Nhon Commune’s Thach Nham Tay Village and Hoa Phong Commune’s Tuy Loan Village.

At present, 2 businesses are implementing their necessary procedures to carry out their agricultural projects in the district. In detail, the Da Nang Pharmaceutical Joint Stock Company (Danapha) is pouring its money into a project for growing medicinal plants in Hoa Ninh Commune, whilst the Afarm Hi-tech Agriculture JSC is proceeding with its hi-tech agricultural project in Hoa Hai Village, Hoa Phu Commune.

Since the start of 2018, a total of over 6.1 billion VND in financial aid from the district’s economic development fund has been disbursed to 20 hi-tech agricultural application projects, thereby promoting the local agricultural development and creating job opportunities for rural labourers as well.

So far, the district authorities have given a nod to the implementation of 10 projects. Notable amongst them are the development of community-based tourism model associated with the preservation of the Co Tu culture in the Ta Lang and Gian Bi villages by 2020, a wood processing factory, a Mokara and Vanilia orchid growing area, the Thach Nham Tay eco-agricultural zone, the development of community-based tourism in association with the preservation of culture and traditional crafts in Hoa Phong Commune’s Tuy Loan Village, the application of Aquaponics technology in clean vegetable production, and a fruit and vegetable growing area using the organic farming method.

In the coming time, representatives from the district authorities will meet with businesspeople so as to listen to their recommendations and aspirations for the sake of their better operation.

Besides, more active support will be provided for local businesses in an effort to sort out any difficulties facing them, especially issues relating to loans and investment procedures, thereby facilitating them to operate more effectively.