Da Nang’s FDI attraction up eight times

Central Da Nang city has attracted a total of US$743 million worth of foreign direct investment in the first eight months of this year, up eight times compared to the same period last year.

Since 2006, the city has granted investment licences to 48 FDI projects with total registered capital of over US$1.7 billion.

Most of the projects are in the fields of industrial production, agricultural-forestry and fisheries processing and tourism services.

So far, 130 FDI projects are operational in the city, creating jobs for more than 30,000 local workers.

Last year, FDI enterprises in Da Nang exported US$94 million worth of products, accounting for 20% of the city’s total export turnover.

ND

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