Central city launches new IT Park

Feb 2nd at 20:10
02-02-2019 20:10:24+07:00

Central city launches new IT Park

The central city has launched the first stage of the Da Nang Information Technology Park (DITP) in Hoa Vang district after one year of construction on 131ha with total investment of US$82 million.

 

The DITP, which was invested and built by the Trung Nam Group, now offers infrastructure for hosting the first investors from the second quarter of 2019.

It’s also the biggest IT Park in Da Nang with the aim of creating more opportunities for IT investors flocking to the city by 2023.

The park, which covers 341ha with total registered investment of $278 million, aims to become central Viet Nam’s ‘Silicon Valley’. It expects to create revenue of $3 billion each year with 25,000 jobs and a satellite city of 100,000 people.

The park, in the west of the city, was designed in connection with the Lien Chieu port and logistics centre, the North-South Expressway and railway system, and hi-tech industrial zones.

As planned, Trung Nam Group will build a 500-bed hospital with total investment of $53 million in the Golden Hills residential area to cater to residents and employees working at DITP.

bizhub



NEWS SAME CATEGORY

HCM City’s wholesale markets prepare for Tet

With the Tet (Lunar New Year) approaching, the managements of HCM City’s wholesale markets have been instructed to monitor the market and prices and keep traders...

Tet demand drives up prices of house cleaning, pet care services

With Tet (Lunar New Year) only a few days away, demand for house cleaning services is skyrocketing in HCM City, driving fees up by as much as a third.

Vietnam emerges as growing, resilient economy: minister

Despite numerous fast and complicated changes in the global economy in 2018, Vietnam reached an impressive gross domestic product (GDP) growth rate of 7.08%, which...

Utilising FTAs to improve businesses

Vietnam’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and the enforcement of the EU-Vietnam Free Trade Agreement...

Tet specialities for sale in HCM City

A lot of speciality foods from around the country are being sold in HCM City for Tet (the Lunar New Year).

Retail sales up 12.2% in January

Total revenue from retail trade and services in Viet Nam reached an estimated VND402.2 trillion (US$17.26 billion) in January, up 4.4 per cent month-on-month and...

No reason for excessive fuss about 2019 inflation

Given forecasts of world oil prices and supply in 2019, some domestic economic research organizations have said the inflationary pressure may not be too high this...

SAPA Thale Group, Dubai FDI to quickly deploy projects in VN and UAE

There is huge potential for trade between Viet Nam and Dubai, according to the Dubai Development Investment Agency.

Vietnam per capita income matches Malaysia’s 20 years ago

Vietnam’s recent economic achievements notwithstanding, much effort is needed for it to close the gap with other countries, a minister has said.

Higher quality FDI flows to spur prosperity for all

Vietnam is expecting to implement its new strategy on attracting foreign direct investment in 2019, with a focus on high-quality investment. Raymond Mallon, senior...


MOST READ


Back To Top