Da Nang needs support to early deploy phase 2 of Information Technology zone

From May 5-2012, Danang People's Committee has granted a certificate of investment for the Danang IT Park Project in Northwest of the city, in Hoa Vang district, to a foreign investor. However, for a long time, the project progressed very slowly. Until March 2018, with determination to contribute to the socio-economic development of Da Nang City, Trung Nam Investment and Construction Joint Stock Company (Trung Nam Group) gradually received the transfer of shares of the shareholders and takes charge of implementing this project.

After only one year of drastic implementation of Da Nang Information Technology (IT) Development Joint Stock Company (DITP), under Trung Nam Group, the technical infrastructure of Danang IT Park project (phase 1) completed in good and synchronized quality.

On March 29, 2019, on the 44th anniversary of Danang Liberation Day, DITP Company inaugurated the first phase of Danang IT Park project. The ceremony took place solemnly with the participation of Mr. Vu Duc Dam, Deputy Prime Minister and representatives of leaders of ministries, central branches and leaders of Da Nang People's Committee.

Pictures at the inauguration ceremony of phase 1 of Danang IT Park project.

Giving speech at the inauguration ceremony, Deputy Prime Minister Vu Duc Dam affirmed: Danang IT Park project is a milestone to link investment attraction in the field of IT and high technology in the Central and Da Nang in particular, contributing to help the country solve the difficult problem of investing, attracting and developing the IT field which still has limitation.

The Deputy Prime Minister hoped that Trung Nam would turn this place (project) into a Silicon Valley of Vietnam as desired by the business ... The Deputy Prime Minister also directed ministries and central branches, especially the Ministry of Science and Technology, Ministry of Information and Communications in collaboration with the administration of Da Nang, strongly developing IT industry.

Danang IT Park project is designed and operated following the Silicon Valley (USA) model. This is also the largest concentrated IT area in the country so far.  Danang IT Park expects to achieve an annual turnover of US $ 1.5 to 3 billion, attract 25,000 highly qualified workers. The project will contribute to attract scientists, engineers, technology experts both at home and abroad to work, encourage training of high-tech industries at universities.

Danang IT Park will also provide IT companies with a number of subdivisions, including: R&D, training office, incubator, production and supply of IT services, exhibitions, seminars and conferences, service infrastructure. The industries that attract investment into Danang IT Park include hardware, software, digital content, research-development and training industries ...

Danang IT Park project is implemented on an area of 341ha, with a total investment of USD 121 million (equivalent to VND 2,744 billion), divided into 2 phases. In particular, the first phase with a total area of 131ha, with an investment of 47 million USD, has been completed synchronous transportation technical infrastructure, rainwater drainage system, sewage drainage system, power source, water source , IT  and communications systems ... are ready to serve investors.

It is expected that after the inauguration of phase 1, DITP Company will continue to implement phase 2 of the project, with a total area of 210 hectares and a total investment of 74 million USD. However, the implementation of Phase 2 of Danang IT Park was not as expected of investors, due to land allocation problems. Leaders of Trung Nam Group and DITP Company have repeatedly sent official dispatch the People's Committee of Da Nang City to propose the allocation of land to implement Phase 2 of Danang IT Park, but there has not been a thorough resolution to complete the project promoting calling for investment cooperation in the field of information technology and high technology that leaders of the Government, ministries, central branches and Da Nang city had expected.

In the latest document sent to the People's Committee of Da Nang City, Mr. Nguyen Tam Thinh, Chairman of the Board of Directors of DITP Company, clearly stated the necessary legal bases of the project. Therefore, regarding to the Investment Law, the Land Law and the relevant regulations, it shows that there are no problems at any stage, and that DITP Company has injunction to request the People's Committee of Da Nang to proceed Land allocation to continue implementing the second phase of Danang IT Park project.

Currently, DITP Company has prepared human resources, worked with credit institutions to fund capital, and conducted the signing of design consultancy contracts at both home and abroad ... ready to deploy quickly phase 2 of Danang IT Park project. It is thought that the leadership of Danang People's Committee should consider supporting this enterprise to complete the project, contribute to the development of the IT field to join the "flow" of the Industrial Revolution 4.0, on the cause of socio-economic development of the country and Da Nang city in particular.