Prime Minister Nguyen Xuan Phuc has signed a decision to approve the Da Nang Information Technology Park (DITP) as a centralised information technology (CIT) zone.
A part of the Da Nang Information Technology Park. (Photo: VNA)
DaNang (VNA) — Prime Minister Nguyen Xuan Phuc has signed a decisionto approve the Da Nang Information Technology Park (DITP) as a centralised informationtechnology (CIT) zone.
Deputy Director of the municipal Information and CommunicationsDepartment Le Son Phong confirmed the news, stating that the zone wasinvested and built by Trung Nam Group in the first stage on 131ha withinvestment of 82 million USD.
It’s also the second CIT zone in the city after Da Nang’s software park wasapproved by the PM in 2017, he added.
The second CIT zone will be given preferential policies and regulations inattracting domestic and foreign investors in IT, electronics manufacturing andtelecommunications.
Following the city’s Master Plan, the DITP was designed as central Vietnam’s‘Silicon Valley’, on total 341ha with investment of 120 million USD in twostages.
The DITP is the country’s largest centralised information technology centreafter launching the first stage in 2018.
According to the city’s information and communications department, the DITPexpects to create revenue of 1.5 billion USD each year with 25,000 jobs and anurban area for 100,000 people.
In 2018, Trung Nam Group also started construction of an apartment and officecomplex for IT businesses on 8.7ha as a prelude to the second stage.
Director of the municipal Information and Communications Department NguyenQuang Thanh said the IT and communications industry made revenue of 1.23billion USD and contributed 5.5 percent to the city’s Gross Regional DomesticProduct (GRDP) in 2018.
The city attracted nearly 900 IT businesses, creating 25,000 jobs.
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A part of the Da Nang Information Technology Park. (Photo: VNA) 
