JavaScript is off. Please enable to view full site.

$40.5mn software park project at standstill in Da Nang

$40.5mn software park project at standstill in Da Nang

Wednesday, December 06, 2023, 17:37 GMT+7
$40.5mn software park project at standstill in Da Nang
A view of the suspended software park project in Da Nang City, central Vietnam

A software park project, carrying a price tag of VND986 billion (US$40.5 million), in Da Nang City, central Vietnam is currently on hold on account of obstacles to relevant regulations.

The project was commenced in 2020 on 28,000 square meters of land in Hai Chau District. 

It was expected to provide some 6,000 IT and digital technology jobs.

However, its execution has been suspended although the construction is incomplete.

At a recent press conference of the administration in Da Nang, Le Son Phong, deputy director of the municipal Department of Information and Communications, said the city considered the software park as a key project.

After several unsuccessful tenders, the city decided to use its budget to implement the project.

As a result, it is a public asset.

However, the national government has yet to issue regulations on the management, use, and exploitation of public assets which are IT infrastructure facilities, specifically software parks, Phong explained.

The project is currently on hold.

A VND986 billion ($40.5 million) software park is currently on hold in Da Nang, central Vietnam. Photo: Tuoi Tre

The coastal city has repeatedly proposed supplementing the regulations.

Until March 21 this year, the prime minister gave the nod to the addition of the rules to a draft decree on special policies on investment, finance, budget, and autonomy for Da Nang.

Enterprises’ registration for spaces inside the software park is beyond the facility’s capacity although it remains unfinished. 

The Da Nang Department of Information and Communications has received numerous proposals from enterprises and investors on the software park expansion and policies supporting their digital transformation and innovation.

The early operation of the software park will create a new motivation for Da Nang’s development.

The early operation of the software park will create a new motivation for Da Nang’s development. Photo: Tuoi Tre

Like us on Facebook or  follow us on Twitter to get the latest news about Vietnam!

Thanh Ha - Doan Cuong / Tuoi Tre News

More

Read more

;

Photos

VIDEOS

‘Taste of Australia’ gala dinner held in Ho Chi Minh City after 2-year hiatus

Taste of Australia Gala Reception has returned to the Park Hyatt Hotel in Ho Chi Minh City's District 1 after a two-year hiatus due to the COVID-19 pandemic

Vietnamese woman gives unconditional love to hundreds of adopted children

Despite her own immense hardship, she has taken in and cared for hundreds of orphans over the past three decades.

Vietnam’s Mekong Delta celebrates spring with ‘hat boi’ performances

The art form is so popular that it attracts people from all ages in the Mekong Delta

Vietnamese youngster travels back in time with clay miniatures

Each work is a scene caught by Dung and kept in his memories through his journeys across Vietnam

Latest news