In the morning of 22nd September, 2016, Danang city People's Committee hosted the "Dialogue between the city leaders with Japanese enterprises- Danang Chapter", aiming to create chance for enterprises to raise their voices and have their concerns as well as recommendations tackled. The Dialogue is expected to help improving the city's investment climate, creating favorable conditions for enterprises' thrive and particularly calling for more Japanese investment into Danang city in the coming time. Being chaired by Mr. Ho Ky Minh – Vice Chairman of Danang People's Committee, the Dialogue witnessed the participation of representatives from related city departments and almost 20 Japanese businesses in Danang city.
According to the statistics from Danang Investment Promotion Center, as of September 2016, there are 423 FDI projects in the city with total investment capital of approximately $3.68 billion. In 2015 alone, revenue from FDI enterprises, export of goods and budget contribution from FDI enterprises were reported to be around $776 million, $552 million and $112 million respectively (increased by 1.42 compared to that of 2014). Of which, with 12 projects in manufacturing, processing industry and ICT sectors, Japan is the biggest investor in Danang city in term of number of projects. Total investment capital from Japanese investors is $397 million, accounting to almost 10.8% of the total FDI investment capital in Danang city. Japanese enterprises have been contributing greatly to the city's socio-economic development and creating jobs for roughly 30.000 local and regional labours.
At the Dialogue, there were more than 23 questions and concerns raised by Japanese businesses, relating to such issues as land, planning, physical infrastructure, administrative procedures and legal framework. There were other 10 questions on labor, urban landscape and living conditions of Danang city. Those questions were then directly tackled by the related departments and agencies. The city leader pledged to solve the problems in the shortest time, especially the lack of pre-school facilities in industrial zones, lack of Japanese-proficient labor as well as lack of offices for IT enterprises. The city government has been implementing the project on renovating a number of near-by buildings for the purpose of dormitory and kindergartens for employees working in the industrial zones. Colleges and Universities in the city have also been paying great attention to Japanese training programs, especially for IT students.
Besides, regarding the delayed construction of Nguyen Tat Thanh street due to land clearance challenges, the city leader pledged to provide the ready-to-use land in October/2016 and get the construction completed in March/2017.
Concluding the Dialogue, Vice Chairman Ho Ky Minh instructed related departments and agencies to actively tackle challenges faced by businesses so as to better facilitate enterprises and improve the city's investment environment.
IPC Danang
