Da Nang (VNA) – The central city of Da Nang drewmore than 542 million USD worth of foreign investment between January and June.
The figures were released at the opening sitting on July 9of the 11th session of the 9th municipal People’s Council.
It was also reported at the function that total domesticinvestment in the city throughout the six-month period surpassed 2.3 trillionVND (98.9 million USD).
Vice Chairman of the municipal People’s Committee Ho Ky Minhtold the council that the result was attributable to various investmentattraction activities, in line with the city’s policy on making 2019 a year ofattracting investment.
Da Nang successfully organised a spring conference withinvestors, during which investment registration certificates were granted for 8projects worth over 492 million USD. Meanwhile, the local authorities allowedresearch for 11 potential projects worth nearly 3.5 billion USD.
Despite such positive outcomes, the city has failed to meetthe targets in some aspects, he noted.
In the last half of the year, the city plans to boost itsbusiness-investment promotion; improve the management of investment inconstruction and speed up the progress of major projects; as well as enhance itsurban and environmental management, among others.
The 11th session of the 9th municipalPeople’s Council will review the implementation of socio-economic plans in thefirst half and outline measures to carry out tasks in the remaining part of theyear.
The session is set to review 59 reports, with discussionrevolving around such pressing issues in the locality as waste, pollution,water shortage, and land acquisition.-VNA
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A corner of Da Nang city. (Photo: VNA) 
