On 13/10, the Da Nang People's Committee approved the investment policy for a project to build and operate infrastructure in functional zone No. 6 of the Da Nang Free Trade Zone, covering about 154 hectares in Ba Na commune with total investment of over 3,350 billion dong. The project will run for 70 years from the date the State decides on the land lease, and will lease land with ready infrastructure as well as commercial and service facilities. FTZ KITA Trung Nam Co., Ltd. has been approved as the investor and must maintain its financial capacity, meet its schedule, and connect data with the smart Free Trade Zone system of the Da Nang High-Tech Park and Industrial Zones Management Board. Investors that breach their commitments or fail to meet conditions will be dealt with according to law.
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Original headline: Đầu tư dự án 70 năm tại Khu Thương mại tự do Đà Nẵng
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