Which major projects contributed to 'painting' the economic picture of Da Nang in the past 9 months?

In the first 9 months of 2025, Da Nang's economy recorded a strong recovery with impressive GRDP growth. Among them, a series of major projects are contributing to "drawing" an economic face for the city.

The Lang Van super project is being accelerated - Photo: DOAN CUONG

The socio -economic situation report for September, the third quarter and the first 9 months of 2025 of Da Nang City Statistics just announced shows that the city continues to affirm its role as the socio-economic center of the Central region.

Da Nang 's GRDP growth in the third quarter is estimated at 9.45%, bringing the 9-month growth rate to 9.83% - ranking 7th out of 34 provinces and centrally-run cities. This is a high growth rate, reflecting a strong recovery in most sectors, especially services and construction - two important driving forces of the city.

The scale of GRDP at current prices in 9 months of Da Nang is estimated at 228,800 billion VND, an increase of 27,000 billion VND over the same period.

Da Nang Downtown is under development - Photo: DOAN CUONG

Notably, construction activities are taking place vigorously, a series of key projects have been started. These projects not only contribute to completing technical infrastructure, promoting economy, tourism , and services but also demonstrate the city's determination to build Da Nang into a civilized, modern urban area, maintaining its role as a dynamic center.

In the first 9 months, the total construction production value reached 43,602 billion VND, an increase of 28.4%; the non-state enterprise sector accounted for the largest proportion (33,025 billion VND).

Of which, the group of housing projects of all kinds accounts for the highest proportion at 60%, equivalent to 26,167 billion, an increase of 33.2%...

These figures show that construction maintains high growth momentum, making important contributions to urban infrastructure development and promoting growth.

Regal Complex project started construction in early September - Photo: DOAN CUONG

Regarding business registration, the real estate business sector stands out with the leading registered capital scale, reaching 4,634 billion VND, accounting for 21.57%, although there are only 114 new enterprises.

This demonstrates the strong attraction of investment capital into real estate.

In the first 9 months of 2025, Da Nang's economy recorded a strong recovery - Photo: DOAN CUONG

Regarding total social investment capital, the non-state sector accounts for 68.5% of total social investment capital. This sector is gradually asserting its position as the main force in investment, production and business activities.

Many large projects contribute to increasing high value, such as Lang Van (VND 37,728 billion), The Nam Khang Resort (VND 2,624 billion), Nobu Residences (VND 3,687 billion), New Town (VND 4,889 billion), Ba Na entertainment complex (VND 11,000 billion)...

These are all large-scale projects, implemented quickly, disbursed effectively, and contributing positively to the overall investment results of Da Nang.

Notably, in the third quarter, Da Nang started construction on 6 key projects, including the Chu Lai - Truong Hai Automobile Mechanical Industrial Park expansion (8,000 billion VND), the resettlement area serving the North - South high-speed railway project, Da Nang Downtown (nearly 80,000 billion VND), the Ba Na - Suoi Mo eco-tourism complex (52,000 billion VND), the Regal Complex project...

According to the statistical agency's assessment, the simultaneous appearance of large-scale projects not only demonstrates the attractiveness of the investment environment, but also creates momentum to promote economic growth, expand urban space and improve people's quality of life in the coming period.

DOAN CUONG

Source: https://tuoitre.vn/nhung-dai-du-an-nao-gop-phan-ve-nen-buc-tranh-kinh-te-da-nang-9-thang-qua-20251005160045245.htm