The nearly $69-million project will be constructed on a 2,288-sq.m plot, with a total usable floor area of over 5,700 sq.m, divided into two main zones.
The City People's Committee has assigned local departments and agencies to research and develop policies to support investors with the construction of technical and social infrastructure within the Free Trade Zone.
The study area for the high-tech zone (excluding the expansion area of the Da Nang Hi-Tech Park) is located within Hai Van, Lien Chieu, and Hoa Khanh wards, and Ba Na commune.
Spanning approximately 1,881 hectares, the FTZ comprises non-contiguous areas with specialised functional zones including production, logistics, trade and services, digital technology, information technology and innovation hubs.
Da Nang has approved a controlled pilot mechanism for a stablecoin payment project. This model allows international tourists visiting the city to make payments using USDT.