Danang Hi-tech Park: One Mission, One Vision

With a total investment capital of more than VND8,800 billion, Danang Hi-tech Park is expected to become a high-tech centre of the Central Region and Central Highlands and is one of three modern high-tech centres of the nation.

 

Rapid infrastructure construction, research and development (R&D), business incubation, business start-up, human resources training and investment attraction in the high tech park have been has been carried out synchronously. Danang Hi-tech Park is ready to welcome experts, researchers, scientists and investors looking for investment opportunities here. In addition to three licensed projects, the Danang Hi-tech Park will welcome new investors of new energy, biotechnology and pharmaceutical. With its operational successes, the high tech park is becoming an attractive destination for investors and becoming a really bright example of investment and technological attraction in Vietnam.

 

From now to 2020, Danang Hi-Tech Park will continue to speed up technical infrastructure construction for production, R&D, training, incubation, housing, logistics and service areas and lure target projects.

 

Danang Hi-Tech Park has a lot of opportunities to learn from the construction and development experience of Hoa Lac High-Tech Park and Saigon High-Tech Park, as well as other hi-tech parks in the world. With its outstanding advantages in politics, living environment and investment environment of Danang City, Danang Hi-Tech Park inherits local strengths in construction and development of high-tech parks. Danang Hi-Tech Park has a premium position in transportation, economy and investment in the eyes of foreign investors. At present, Danang Hi-Tech Park has a lot of well-located spaces for new tenants.

 

The Danang Hi-Tech Park Authority said in 2016 and beyond is a favourable period for Danang Hi-Tech Park to develop as the economic growth of Vietnam and the world is recovering, Vietnam's conclusion of Trans-Pacific Partnership (TPP) negotiations, its entry to the ASEAN Economic Community, its signing of many free trade agreements with other countries plus strong investment flows from other countries. All those opportunities pose important tasks for Danang Hi-Tech Park: Properly defining investment promotion strategies and selecting capable enterprises for the park. The authority will focus on establishing and expanding cooperation relations with investment consulting companies, international investment promotion agencies, and trade offices of other countries in Vietnam. They act as intermediaries for the Authority and the business community seeking to expand investment in Vietnam. With a broad network of trustworthy and prestigious partners, Danang Hi-Tech Park will have more opportunities to attract new investors, particularly world-leading corporations.

 

Without doubt, the door to the future is open to Danang Hi-Tech Park in particular and Danang City in general. That door involves numerous ongoing and completed plans, including the second phase of construction and development investment (2016-2018). Therefore, the Danang Hi-Tech Park Authority will make every effort to create a favourable environment to lure investors and advise the Municipal Government to issue best incentive policies, train high-quality human resources, speed up industrialisation, develop supporting industries, promote research and development activities, and encourage technology start-ups. All directions and purposes are aimed to make Danang Hi-Tech Park a leading high-tech centre in Vietnam and in the region.