Danang calls for mega project investments in suburban district

Danang is calling for investment for large-scale projects in the central city’s Hoa Vang district, which is being developed as an eco-tourism, high-tech industry, agriculture and logistics hub.

Hoa Vang chairman Phan Van Ton said at a conference Thursday that the district will promote sustainable development of distinctive ecological urban areas and invest in adequate, synchronous and modern infrastructure.

It will do so keeping people and nature at the center of its development plans and recreate traditional spaces, he added.

The large-scale projects for which investors are sought include the 229.1-hectare Hoa Vang district urban area; the 24.7-hectare Hoa Nhon industrial cluster; the 30.9-hectare Hoa Phuoc wholesale market; the 400-hectare Hoa Ninh industrial park; the 20-hectare Hoa Nhon Dry ICD - logistics center; and three high-tech agricultural areas in Hoa Khuong, Hoa Phu and Hoa Phong communes.

All the above-mentioned projects are included in the Danang master plan for 2021-2030 (with vision until 2050) approved by the Prime Minister in November 2023, Ton said, adding they are guaranteed to have "clean land" and basically completed site clearance work.

Hoa Vang has earmarked 74 large plots of land with a total area of more than 438,000 square meters, including 11 large ones (each 10,000 square meters), 16 with more than 5,000 square meters each and 47 with less than 5,000 square meters each, Ton said.

Hoa Vang district, which accounts for nearly 75% of the city's land area, boasts a diverse ecosystem, relatively synchronous infrastructure, convenient transportation, rich tourism potential, and abundant labor resources.

In its master plan, Danang aims to build Hoa Vang into an ecological urban area with its own identity and a township as soon as possible, Ton said.

"To achieve the above goal, district leaders are committed to supporting and accompanying investors and businesses all the way, from research and survey to project implementation," he added.

Ho Ky Minh, standing Vice Chairman of the municipal People's Committee, stated that Hoa Vang has been identified as one of the new centers of the city.

A large part of the new free trade zone planned in the city will be located in the district, he said, adding that Danang has always paid attention to investment in important infrastructure projects like the North-South expressway and national highways passing through the locality.

Tran Minh Thai, a representative of the DHC Joint Stock Company, said that to create favorable conditions for investors to research and develop eco-tourism products in accordance with local orientations, Hoa Vang needed to supplement and adjust its general plan soon.

The district should also promote the upgrade and expansion of National Highway 14G, a vital route between Danang and neighbouring Quang Nam province, he added.