French firms learn about investment chances in Da Nang’s hi-tech park

Representatives from about 30 French enterprises participated in a seminar introducing investment opportunities in the hi-tech park in the central city of Da Nang held by the French Business Federation (MEDEF) in Paris on September 11.

The event was part of the Da Nang Hi-Tech Park (DHTP) Management Board’s investment promotion activities in Europe.

At the seminar, Director General of the board Mr. Phung Tan Viet informed the participants of the park’s construction process and development plans.

Participating businesses were also briefed on Da Nang’s preferential policies and projects which need investment in the DHTP.

With a total area of more than 1,100ha, the DHTP is one of Vietnam’s three hi-tech parks, connecting industrial and economic zones in the key economic region in central Vietnam.

The park welcomes enterprises to visit and invest in its projects, Mr. Viet added.

Mr. Michel Jonqueres, President of the MEDEF’s International Commission, said that Da Nang and the DHTP’s clear administrative procedures are an advantage that encourages investment.

He also expressed optimism about the two sides’ cooperation opportunities, especially with Da Nang hosting the APEC Leaders’ Week 2017 in November and drawing leaders of 21 APEC economies and thousands of official delegates and heads of the world’s leading enterprises.

At present, the DHTP has more than 300ha of land available for investment projects. In the first half of 2017, it attracted seven projects worth 158 million USD.