November 27, 2023 | 13:30 GMT+7

Da Nang grants licenses to seven investment projects

Ngô Anh Văn -

Four of the newly-licensed projects are in the property sector.

City authorities granted investment licenses to seven new projects.
City authorities granted investment licenses to seven new projects.

Central Da Nang city has granted investment licenses and decisions approving investment policies to six domestically-invested projects and one FDI project with total investment capital of over VND9.3 trillion ($383 million).

As of November 15, the city had issued licenses and adjusted decisions approving investment policies for 40 projects with total registered capital of VND47 trillion (nearly $2 billion) and attracted FDI capital of nearly $200 million.

During a ceremony on November 25, city authorities granted licenses to the $135-million Foxlink Da Nang project belonging to Foxlink International Investment Ltd., from Taiwan (China), focusing on manufacturing high-tech electronic devices; and a project from the AMACCAO Group to build a solid, industrial, and hazardous waste treatment plant at the Khanh Son Landfill, with total investment capital of VND2.02 trillion ($83 million).

Among projects receiving licenses were four in the property sector.

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