Da Nang's People's Committee has approved the investment policy for building and operating a 276-hectare functional zone known as Position 7 in the Da Nang Free Trade Zone, Tuổi Trẻ reported on October 19, 2026.
The zone is in Hòa Vang commune and is meant for production, logistics, digital technology and information technology, in line with the Free Trade Zone's planning. Total capital is 3,525 billion dong. The operating term is 70 years, counted from the date the competent authority decides on the land lease.
The approval sets out a long timetable:
- Q4 2026 to Q4 2027: investment preparation and procedures.
- Q1 2027 to Q3 2029: compensation, site clearance and handover of cleared land.
- Q4 2027 to Q1 2032: land leveling, infrastructure construction and commissioning.
- From Q4 2028: business activity and recruiting secondary investors.
The project may qualify for land-rent reductions under the special policies in National Assembly Resolutions 136/2024/QH15 and 259/2025/QH15. The size and length of any reduction will be set when land procedures are carried out, and land outside the preferential scope must meet all financial obligations.
What is not reported: Tuổi Trẻ does not name the investor or quote any official. Whether households will have to move for the site clearance, and how many, is not stated.
Sources
This story was compiled by the Da Nang Voice news desk from the published sources listed above. Facts, figures and quotes are attributed to those sources; Da Nang Voice did not conduct interviews for it unless the text says so. Corrections are dated and noted at the top of the story. Read our corrections policy. Spotted an error? Tell us.
