Da Nang will continue to effectively implement fifteen support policies for city-based businesses, especially resolutions stipulating the interest rate support policy for organisations that borrow capital to invest in important socio-economic development projects in the city.

Municipal People's Committee Vice Chairman Ho Ky Minh delivers his remarks at the event

The statement was made by municipal People’s Committee Vice Chairman Ho Ky Minh at a recent meeting with businesses in the city.

According to Vice Chairman Ho Ky Minh, in 2023, the city plans to implement many radical and decisive solutions to develop the city commensurate with the role determined by the Politburo in Resolution No. 43 regarding the Da Nang's development to 2030 with a vision to 2045 dated 24 January, 2019 and Resolution No. 26 dated November 3, 2022 on socio-economic development and national defence and security assurance in the North Central and Central Coast regions to 2030, with a vision to 2045.

The city strives to increase gross regional domestic product (GRDP) by 6.5-7% compared to 2022, whilst the local average GRDP per capita is expected to reach US$4,500. The city’s total state budget revenue will reach and exceed that in 2022.

Besides, the city will focus on coordinating with ministries, departments and branches to urgently iron out difficulties and problems related to inspection conclusions, planning and investment procedures, especially urban real estate projects.

Importance will be attached to accelerating the key and dynamic infrastructure projects, including such as the Lien Chieu Port, National Highway 14B expansion, the Hoa Lien-Tuy Loan section, known as the Nam Hai Van bypass, and a road connecting the Hi-Tech Park with the North-South highway.

Heed will be on soon putting the Cam Le industrial cluster into operation; completing relevant procedures in selecting investors to develop infrastructure for the Hoa Cam Industrial Park phase 2; and coordinating with central ministries and branches to finalise procedures for organising bidding to select investors for infrastructure development of the Hoa Ninh Industrial Park.

Attention will be paid to completing procedures and processes for convenient access to loans from the Da Nang Development Investment Fund.

During the meeting, Vice Chairman Minh said that the city will organise the 2023 Investment Forum; complete and put into official use the digital map of projects calling for investment in the city; amending the investment preparation process for projects not using state budget capital to be implemented outside industrial parks, high-tech parks, and concentrated information technology parks in accordance with the Investment Law 2020 and the amended Land Law.

With such expectations in 2023, the city and its business community believe to achieve even more positive results. Businesses will gain good revenue and profit, whilst locals will earn stable jobs and livelihoods.

City leaders expect the local business community to continue accompanying the city in the implementation of socio-economic development solutions, thereby turning difficulties and challenges into advantages and opportunities.

Reporting by M.QUE, V.HOANG - Translating by M.DUNG