DANANG BREAKS GROUND ON VND4.1-TRILLION INDUSTRIAL PARK

National Assembly Vice Chairman Nguyen Duc Hai speaks at the groundbreaking ceremony for the Tam Anh-An An Hoa Industrial Park in Danang - PHOTO: VNA

HCMC – Danang authorities and the project investor on March 29 broke ground on the Tam Anh-An An Hoa Industrial Park in the Chu Lai Open Economic Zone, marking a major step in expanding the city’s industrial capacity.

With a total investment of around VND4,150 billion, the project is developed by An An Hoa Urban and Industrial Park JSC.

It spans 435.8 hectares in Tam Anh Commune, Danang. Of this, about 331 hectares are allocated for industrial leasing, 65 hectares for green space, and nearly 40 hectares for technical infrastructure.

Under the approved zoning plan, the industrial park is designed as an eco-industrial park, prioritizing investment in sectors such as electronics, electrical equipment and mechanical engineering, supporting industries for mechanical engineering, as well as food and beverage processing, pharmaceuticals, furniture, construction materials and new technologies.

At the groundbreaking ceremony, National Assembly Vice Chairman Nguyen Duc Hai said the industrial park would play a key role along the East-West Economic Corridor, helping to form a large-scale industrial zone and serving as a vital component of the regional economy, while reducing logistics costs and enhancing the global competitiveness of Vietnamese goods.

He therefore urged the project developer and city authorities to pursue industrial development focused on attracting high-tech, advanced and smart industries that reduce carbon emissions and adapt to climate change.

He also called for building waste and wastewater management systems for reuse, turning one factory’s waste into another’s input, and balancing industrial production with environmental protection and social welfare to promote a clean, circular and sustainable industrial model.

Source: The Saigon Times