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DNO - Da Nang has approved investment policies and selected investors for two infrastructure projects in the city’s Free Trade Zone (FTZ), marking further progress in developing a new international trade and logistics hub.
Under Decision No. 2579/QD-UBND issued on June 11, Da Nang approved two infrastructure projects in the city’s FTZ.
The projects, developed by Phuong Trang Investment Joint Stock Company and Thanh Binh Phu My Joint Stock Company, cover 500 hectares and 335 hectares, respectively, with total investments of over VND 8.1 trillion and VND 5.3 trillion. Both will operate for up to 70 years.
Earlier, on June 4, Da Nang approved the FTZ location No. 2 infrastructure project developed by Saigon-Da Nang Investment Joint Stock Company. Covering 75 hectares with an investment of over VND 1.5 trillion, the project will provide infrastructure for logistics, warehousing, factories, and trade services.
The three approved FTZ projects (locations 2, 3 and 4) span about 910 hectares with a total investment exceeding VND 15 trillion. Investment certificates are expected to be presented at the Investment Connection 2026 event on June 13.
In addition to FTZ locations 2, 3 and 4, location No. 5 was launched in August 2025 with an infrastructure project developed by Sun Group’s cable car subsidiary. Covering about 90 hectares with an investment of over VND 808 billion, the project focuses on trade, services, tourism, accommodation, and healthcare.
Da Nang is continuing to seek investors for FTZ locations 1, 6, and 7 while studying plans to expand the FTZ southward to create new development space.