Additional VND3.525 billion project for Da Nang Free Trade Zone
DNO - The Da Nang People’s Committee issued Decision No. 4785/QD-UBND on October 19, 2026, approving an investment policy for the construction and business operation in the Functional Area Infrastructure at Site No. 7 in the city's Free Trade Zone.
Accordingly, the designated site is located in Hoa Vang Commune, spans 276 hectares, and carries a total investment of VND3.525 billion. The project has an operational term of 70 years, starting from the date the competent authority grants the land lease.
The site expects to be developed into a hub for manufacturing, logistics, digital technology, information technology, and other activities aligned with the master plan for the Da Nang Free Trade Zone.
Specifically, the project will focus on the infrastructure investment, construction, and trading, as well as the management and administration of the functional site.
Regarding the project progress, the investment preparation phase and the completion of administrative procedures are scheduled to take place from the fourth quarter of 2026 to the fourth quarter of 2027.
Meanwhile, compensation, site clearance, and handover of cleared land for the project are slated for the period between the first quarter of 2027 and the third quarter of 2029.
Ground leveling, infrastructure construction, and the beginning of operations are expected to be from the fourth quarter of 2027 through the first quarter of 2032.
Notably, business operations, marketing, and efforts to attract secondary investors are scheduled to start in the fourth quarter of 2028, while infrastructure construction is underway.
The project at Site No. 7 is designed to provide infrastructure to support for manufacturing, logistics, and technology activities, thereby contributing to the formation of functional areas within the Da Nang Free Trade Zone.
The Da Nang Free Trade Zone covers an area of approximately 1,881 hectares, distributed across seven non-contiguous sites.
It comprises various functional areas, including manufacturing, logistics, trading and services, digital technology, information technology, and innovation, along with other types of functional areas permitted by law.