On February 5th, 2021,
Da Nang High-Tech Park and Industrial Zones Authority granted the Investment
Registration Certificate to a Japanese corporation to invest in the Research
Center project, Development and Production with total investment capital of 35
million USD.
This is a project to
carry out scientific research and technology development in the fields of
science, engineering and technology for the next generation of robots, unmanned
aircraft, Hydro energy equipment, Nano equipment, technology, artificial
intelligence (AI), water purification systems, wireless power transmission
systems and new material development. The project also researches and develops
in the fields of information technology, medical equipment, prototype
production (testing), and manufacture of unmanned devices, robots, and medical
devices for product commercial purposes and technology after research and
development.
From the beginning of
2021 up to now, Da Nang High-Tech Park and Industrial Zones Authority has
attracted USD 145 million of foreign direct investment (FDI) capital,
increasing the total registered FDI investment capital into the Da Nang hi-tech
Park reached USD 536.1 million. Until now, Da Nang Hi-Tech Park has attracted
24 projects, including 12 domestic projects and 12 FDI projects.
In addition, on
February 16th, 2021, the Prime Minister agreed to add an industrial zone
supporting Da Nang high-tech park with an area of 58,531 hectares. This will
help the Hi-Tech Park expand the area, helping investors to easily implement
the project.
Besides, Da Nang city
has a number of policies to attract investment in high-tech zones such as
reducing company income tax, land rental, import tax, support to find suitable
labor sources, etc. these are great advantage for investors to be able to do
business during the investment process.
Currently, Da Nang is
attracting investment for science and high-tech projects, so the investment by
high-tech investors in Da Nang will be facilitated by the government to
supporting investment procedures to set
up company, manufacturing facility in Da Nang. With its
efforts, Da Nang hopes that Da Nang Hi-Tech Park is expected to become a
“Silicon Valley” in the near future.
ANT Lawyers is a law firm in Vietnam
located in the business centers of Hanoi, Danang, Ho Chi Minh city. We provide
convenient access to our clients. Please contact our lawyers in Vietnam for
advice via email ant@antlawyers.vn or call our office at +84 28 730 86 529
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