DANANG – The first nine months of 2022 saw the total investment capital of new projects in Danang reaching over VND28,600 billion, up 24.72% over the same period last year, according to the Danang Statistics Office.
The non-state sector’s investment capital made up 63.4% and its disbursements amounted to nearly VND18,200 billion, an increase of 48.7% over the same period last year.
Some major projects with high disbursements include a factory of the Danapha Pharmaceutical Company, a hotel and serviced apartment complex of Marriot, a housing project of Foodinco and a hotel complex of Thien Thai.
In the year to mid-September, Danang had issued investment certificates to 21 local projects worth VND8,704 billion, a year-on-year increase of 266.9%. Foreign investment approvals totaled US$129.129 million.