Da Nang leads in attracting FDI in the Central region – Central Highlands

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The Foreign Investment Department (Ministry of Planning and Investment) has just held a preliminary conference on foreign investment attraction in the Central region – Central Highlands. According to information at the conference, Da Nang is currently the leading locality in attracting foreign direct investment (FDI) in the Central region – Central Highlands from the beginning of 2020 to the present.


Da Nang is the leading locality to attract FDI in the Central region – Central Highlands. Photo: Thanh Nien.

Accordingly, as of June, Da Nang city is the leading locality, attracting 56 projects with capital of over 118 million USD. The Covid-19 translation also had a great influence on the production and business activities of FDI enterprises across the country in general and the Central – Central Highlands region in particular. Most of the activities were stagnant, difficult to import materials

Investment promotion is limited, can not directly contact with potential partners. The legal system related to investment activities is not clear, overlapping, and contradictory, making localities encounter many confusion in the handling process.

The Foreign Investment Department also said that, for the Central Region – Central Highlands, even though the region has synchronous infrastructure, abundant natural resources, abundant human resources, etc., it is necessary to take proactive policies. Appropriate mechanism to catch new investment wave. In addition, the situation of Covid-19 is complicated and complicated, so localities have made more efforts in prevention and early epidemic prevention and created favorable conditions for enterprises to stabilize production in the coming time.

Source: ndh.vn