Da Nang: Industrial real estate breakthrough

Industrial "leverage"

The People's Committee of Da Nang City has approved the High-Tech Zone Planning with a total area of 3,656 hectares (not including the area of 1,128 hectares for developing the Da Nang High-Tech Park project) in Decision No. 1317/QD-UBND.

According to the plan, the high-tech zone will develop in conjunction with functional areas including new industrial parks and existing industrial parks, creating momentum for the city's socio -economic development in the 2021-2030 period, with a vision to 2050.

Meanwhile, Quang Nam province (old) has a Master Plan to build Chu Lai Open Economic Zone, by 2035 to become a dynamic economic zone of the region and the whole country; with the core of Chu Lai - Truong Hai automobile mechanical industry, developing Chu Lai airport and seaport system associated with duty-free zones, ecological industrial zones, high-tech industry and developing trade - services, tourism; forming a logistics center, multimodal transport.

In particular, after the merger, Da Nang city has 14 more industrial parks and 55 industrial clusters of Quang Nam (old) in operation, bringing the total to 36 industrial parks and 126 industrial clusters with a relatively complete infrastructure system. The room for industrial development in the city has increased many times when the planning and clean land fund for industry are expanded, expected to create a strong investment attraction for industrial real estate.

According to Da Nang Statistics, from the beginning of the year to August 20, 2025, the city attracted 140,470 billion VND in total domestic investment capital (of which 72 projects were newly licensed with a capital of 46,023 billion VND); attracted 307.3 million USD in FDI capital, an increase of 4.6% over the same period in 2024 (of which, 65 projects were newly licensed, with a registered capital of more than 200 million USD)... Accumulated, the new Da Nang city currently has 1,263 FDI projects, with a total investment capital of more than 10.9 billion USD.

Unlocking the Future

On August 28, Truong Hai Group (THACO) held a groundbreaking ceremony for the Chu Lai Automobile Mechanical Industrial Park expansion, planned on an area of 115 hectares, with a total investment of nearly VND 8,000 billion (of which VND 1,433 billion is for infrastructure construction), connecting mechanical products and spare parts from THACO's existing factories in Chu Lai.

Previously, Da Nang launched the Hoa Ninh Industrial Park infrastructure investment and business project, with a scale of 421 hectares, invested by Thanh Binh Phu My Joint Stock Company with a total capital of 6,204 billion VND.

Hoa Ninh Industrial Park is being accelerated to be completed in no more than 42 months (from the date of land handover), aiming to develop a specialized, environmentally friendly industrial park, taking full advantage of its location near Lien Chieu port, Da Nang international airport and Da Nang Free Trade Zone (FTZ).

Last August, the city organized an investment promotion conference with the theme “Creating development space with Da Nang Free Trade Zone”, after the Prime Minister issued Decision No. 1142/QD-TTg on the establishment of Da Nang FTZ. This is not only a key task but also a strategic step, creating sustainable momentum for the city’s economy.

At the same time, when the Danang International Financial Center was approved by the National Assembly, the city promoted investment implementation in three phases, in which a 22-storey tower was built as an office in software park No. ² (over 27,000m2).

The project is expected to be completed and put into operation by the end of 2025, creating a foundation for attracting green finance, applying financial technology, digital services, digital asset sandbox mechanisms and strategic investors.

From 2025 to 2027, key areas such as the Vo Nguyen Giap - Vo Van Kiet intersection (6.2ha), the Fintech area (9.7ha) and the 1.9ha land near Software Park No. 2 will be developed. By 2030, Da Nang Industrial Park will be transformed into An Don International Financial District, forming a modern urban area and becoming the city's new economic center; transforming Hoa Khanh Industrial Park to meet the criteria of Vietnam's ecological industrial park model.

With the construction and drastic implementation of unique, outstanding mechanisms and policies and a pioneering new economic model, and the commitment of the government, Da Nang is gradually affirming its image as a dynamic, safe and potential investment environment.

Source: https://baodanang.vn/da-nang-but-pha-bat-dong-san-cong-nghiep-3303237.html