Da Nang Centralized Information Technology Park set up

Update: 09:25 | 09/01/2020
The Prime Minister has decided to establish the Da Nang Centralized Information Technology Park (first phase).
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da nang centralized information technology park set up
Da Nang Information Technology Park was located in Hoa Vang District.

Located on the area of 131 ha in Hoa Vang District, Da Nang City, the project is invested by Da Nang IT Park Development Joint Stock Company.

Da Nang Centralized Information Technology Park will enjoy preferential policies in line with regulations defined in Decree No. 154/2013/NĐ-CP dated November 8, 2013, stipulating the centralized information technology park.

Earlier in March 2019, Da Nang IT Park Development Joint Stock Company inaugurated the first phase of the Da Nang Information Technology Park in Hoa Vang district.

At the inauguration ceremony, Deputy Prime Minister Vu Duc Dam said that as information technology is playing an increasing role in socio-economic development, IT centers like the Da Nang Information Technology Park will help attract high-quality human resources inside and outside the country.

The park, which covers 341 hectares in Hoa Vang district with a total investment of more than US$120 million, aims to become the central Vietnam’s “Silicon Valley”. The first phase, built at a cost of US$47 million, has completed infrastructure, office and working space for rent on 131ha, ready to serve investors.

The park expects to create revenue of US$1.5 billion and generate 25,000 jobs each year.

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(Source: VGP)