According to the People’s Committee of Da Nang City, the Digital Park 2 Project (Phase 1) is among the city’s key projects for the 2021-2025 period. The investment approval aims to boost domestic and foreign investment, particularly in the city’s information technology sector. Additionally, the Digital Park 2 will facilitate businesses’ access to government policies, support, and incubate startups, and promote the expansion and development of the IT market.
Digital Park 2 (Phase 1) commenced construction in 2020
As per the recently approved proposal, the city will allocate an additional 414 billion VND to complete the Digital Park 2 (Phase 1) project, comprising three buildings: ICT (20 floors), ICT1 (8 floors), and ICT2 (8 floors), with the aim of putting the project into operation as soon as possible. Thus, after the adjustment, the total investment for the Digital Park 2 (Phase 1) project in Da Nang amounts to over 1,410 billion VND. This is a Group A project in the field of information technology, scheduled for implementation from 2018 to 2025.
Regarding capital balance, the People’s Committee of Da Nang City stated that the proposed investment is in line with the city’s medium-term public investment plan for the 2021-2025 period.
The additional investment of over 410 billion VND will help complete the infrastructure and operationalize the Da Nang Digital Park project.
The Digital Park 2 project, with an investment of nearly 1,000 billion VND from the city’s budget, was inaugurated in October 2020. According to the city’s leaders, numerous investors in the information technology sector are keen to invest in Da Nang. Therefore, it is essential to invest in essential equipment to finalize the physical infrastructure of the project’s buildings.
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