The city said it wants the development done as Public-Private Partnerships (PPP) and Build-Own-Operate (BOO) models.
Deputy Director of the municipal Department of Tourism Nguyen Xuan Binh said
that the business forum was a big chance for the city’s tourism industry to
show its power and potential for cooperation and investment.
He said a horse-racing project, planned on 500,000sq.m in Cam Le district, was
the biggest project with a proposed investment capital of 200 million USD,
while Ngu Hanh Son (Marble Mountains) Cultural and Historical Park has called
for investment of 87 million USD.
Binh said the city also called for investment in the first underground shopping
centre on Son Thuy Beach in coastal Ngu Hanh Son district with a proposed 40
million USD.
"We call for investment from foreign investors during our promotions in the
Republic of Korea, Japan and Europe. The city will ensure favourable conditions
for investors with flexible policies and positive support as well as
administrative reform,” Binh said.
"The city also has an eye on calling local and foreign investment in a cruise
port and piers, public parks, an international cuisine centre and a dog-race
arena,” he said.
Binh said the projects would help turn the city into a centre of tourism, shopping
and finance in central Vietnam as well as a rendezvous of UNESCO-recognised
world heritage features such as Hue Monument Complex, Hoi An Town and My Son
Sanctuary in Quang Nam province; and Phong Nha-Ke Bang National Park and Son
Doong Cave in Quang Binh province.
According to the Da Nang Investment Promotion and Support Agency, Da Nang has
attracted 43 new foreign direct investment (FDI) projects worth 60 million USD
in the first eight months of this year, 4.6 times the amount for the same
period last year.
The city now has 461 FDI projects worth more than 3.6 billion USD, mostly in
tourism, services, property and industry.
Da Nang encourages investors in high-tech industries and high-quality services
in the form of public-private partnerships (PPP), as well as investment in
waste treatment, infrastructure development, and solar and wind power.
Earlier this year, the city listed 68 PPP projects, 22 of them in the high-tech
sector. From 2017-20, the city plans to attract investment worth 1.4 billion
USD from domestic and foreign businesses.
Source: VNA
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