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Da Nang lures international investors

Update: March, 10/2013 - 00:00

Man Quang Bay in Da Nang. The city will host the Conference on Investment Promotion for the Central Coastal Region from March 21-23, which is expected to attract around 300 participants from provinces, ministries and international organisations. — VNA/VNS Photo Le Lam

DA NANG (VNS)— Da Nang is set to host the Conference on Investment Promotion for the Central Coastal Region from March 21-23.

The event will attract around 300 participants from provinces, ministries and international organisations, according to the city's People's Committee.

The two-day conference at the Crowne Plaza Da Nang will be a chance for businesses, international and domestic investors and the leaders of nine provinces and cities in the region to seek investment opportunities.

The conference will also provide an opportunity to review existing investment projects to ensure future effectiveness.

According to the organising committee, the conference would draw representatives from the World Bank, the Asia Development Bank (ADB) and various Chambers of Commerce in Viet Nam (including American, European and Australian).

Business associations from Germany, Singapore, Chinese Taipei and S.Korea, and the United Nation Industrial Development Organisation (UNIDO) and UN-Habitat will also be on hand.

The region, containing Thua Thien– Hue, Da Nang, Quang Nam, Quang Ngai, Binh Dinh, Phu Yen, Khanh Hoa, Ninh Thuan and Binh Thuan, has attracted 943 projects, 775 of which are foreign direct invested, with a total capital of over US$1.3 billion. — VNS

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