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More opportunities to attract investment in the semiconductor sector for Da Nang city from Thuringia state (Germany)
Author: Hòa Duy Võ Updated: 27/05/2024 Views: 33

Following the working trip in Frankfurt, the delegation of Da Nang city led by Chairman of the City People's Committee Le Trung Chinh had a meeting with other partners in the state of Thuringia (Germany), including the Office of Economic Development of the State of Thuringia (LEG Thuringia) to discuss cooperation in the field of semiconductor.


At the meeting, Mr. Le Trung Chinh, Chairman of the People's Committee of Da Nang City, said that Da Nang is ready to prepare land funds and infrastructure for centralized IT parks, software parks, and technology parks. high technology. Regarding the business ecosystem and information technology and AI human resources of Da Nang city, by the end of 2022, Da Nang has nearly 2,400 IT businesses, an average of 2.3 digital technology businesses/1,000 people. (3 times higher than the national average), including large enterprises and startups. Da Nang has 37 IT human resource training establishments (including types such as: Universities, Colleges, formal and informal secondary schools); Of which there are currently 17 Universities and Colleges specializing in IT training, 13 Universities and Colleges training majors close to the IT field. Regarding information technology infrastructure and telecommunications connections: electricity, transmission line infrastructure (02 fiber optic cable lines SMW and APG), data center infrastructure (City Data Center, VNPT Data Center , CMC Data Center, Viettel Data Center and soon the expected Data Center at Software Park No. 2). Regarding investment incentives and attraction policies in the field of semiconductor chips and artificial intelligence, the city has policies such as: investment incentives in high-tech zones, tax incentives and land rental in the zone. High technology, tax incentives in Software Park No. 2; and a number of policies expected to be developed include: incentives for strategic investors (land lease, determination of taxable income, priority customs procedures), incentives for microchip businesses and AI (taxes, investment in upgrading and expanding, equipment rental, property rental, training costs. Da Nang has good living conditions and the government's commitment to attract experts and talents to live and work in Da Nang.

The delegation had a meeting with the Premier of Thuringia state before working with the State Economic Development Office

On your side, Mr. Holger Heyer, Director of the State Economic Development Office, hosted the reception and introduced the State's economic development situation. Thuringia is known as the green heart of Europe, one of Europe's industrial centers with key industries including optics, electronics, sensors, precision mechanics and medical engineering with Nearly 100 companies are among the world's top in these fields. He highly appreciated the development orientation of Da Nang city to become a new silicon valley in Vietnam and agreed to cooperate and coordinate with the Investment Promotion and Support Board of Da Nang city to introduce and receive information to bring German business delegations to survey investment in Da Nang in new industries in Industry 4.0, especially semiconductor microchips in the near future.

It is known that LEG Thuringia is a state-owned company/public service unit of the state, with the functions and tasks of promoting the state of Thuringia as an investment and business location, including organizing activities. Investment promotion, trade fairs, business connection. The agency has more than 250 employees, focusing on addressing economic development and real estate management issues in the state.

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License No. 124/GP-STTT by Authority of Danang Department of Information and Communications issued on February 20, 2017

Subsidiary Responsible Person: Mrs. Huynh Lien Phuong - Director of Danang Investment Promotion Agency