HCMC – Danang City expects to allocate around VND118 trillion in medium-term public investment for the 2026-2030 period after reviewing funding needs from project owners and management boards.
According to the People’s Committee of Danang City, the proposed funding includes up to VND34.8 trillion from the central budget and VND83.2 trillion from the local budget. Revenue from taxes, fees, and land-use rights will be mobilized to ensure budget balance and implementation of the plan.
The city will also step up efforts to attract domestic and foreign direct investment in priority sectors, particularly high technology, while maintaining strict budget management.
For the 2025-2030 term, Danang eyes annual gross regional domestic product (GRDP) growth of at least 11%. Total investments in the city are projected to exceed VND680 trillion, with an average annual increase of 15-16%. Of this amount, public investments are expected to make up around 18%, or at least VND110-120 trillion.
