Vietnam - Khu Công nghiệp Liên Chiểu
Established on April 18, 1998, the Lien Chieu Industrial Zone (IZ) stands as a significant and expansive industrial zone within Da Nang City. Situated in close proximity to the Hai Van tunnel, it offers convenient transportation for goods. Spanning a total area of 289.35 hectares, with 205.16 hectares of planned development, the Lien Chieu IZ boasts a well-rounded investment appeal.
Managed by the Danang City People’s Committee and the Danang Hi-Tech Park and Industrial Zones Authority, the Lien Chieu IZ has strategically positioned itself to attract a diverse range of projects and investments. Among the fields of investment, emphasis lies on electrical and electronic devices, components, and precision engineering products.
Attractions for investors and tenants
Strategic Location: With its placement along Highway No.1A and a mere 500 meters from the Hai Van Tunnel, the Lien Chieu IZ establishes excellent connections to domestic markets including Ha Noi, Hue, Highlands Provinces, Binh Dinh, and Nha Trang.
Skilled Workforce: Benefitting from a young and skilled labor force, Da Nang stands out. This pool of workers, equipped with training from universities, colleges, high schools, and vocational secondary schools, comprises 50% of Da Nang’s total population. Neighboring provinces like Quang Nam, Hue, and Quang Ngai contribute to the region’s human resources.
Prominent Investors: Lien Chieu IZ has successfully attracted significant investors over the years. Notable names include Crown Packaging Co., Ltd (Singapore FDI), Da Nang Rubber JSC, Da Nang Steel JSC, and Endo Chuuzou Co., Ltd (Japan).
Infrastructure Highlights at Lien Chieu Industrial Zone
- Traffic Road: The meticulously planned road system within Lien Chieu Industrial Park accommodates substantial loads, ensuring efficient transportation to each land lot.
- Connecting roads boast widths of approximately 34.50 meters and 16.50 meters.
- Electricity: The power system is linked to the national power network (110/22 KV) through substations capable of 80MVA, with an available 22 KV electric wire system.
- Water Supply: A water plant with a capacity of 5,000m3/day-night provides the area with fresh water.
- Wastewater Treatment: A facility handles 2,000m3 of wastewater per day-night.
Lien Chieu Port is projected to evolve into a regional logistics center, anticipated to encompass 30-35 hectares by 2023 and 65-70 hectares by 2050. With 19 businesses and 1,323 workers in 2021, the industrial zone has witnessed steady progress. Danang Steel [DNS], located within Lien Chieu Industrial Zone, Da Nang City, boasts an annual production capacity of 200,000 tons.
Nearby branches of Vietnam Bank for Industry and Trade, Vietnam Bank for Agriculture and Rural Development (Agribank), and National Citizen Commercial Joint Stock Bank provide essential credit and banking services for investors.
Economic Resilience of Lien Chieu Industrial Zone
With effective strategies and dedicated efforts, Da Nang’s economy demonstrated remarkable growth in the first five months of 2022 compared to the same period in 2021.
For investors seeking a robust industrial environment, the Lien Chieu Industrial Zone stands as a testament to strategic location, skilled workforce, and evolving infrastructure. Its appeal extends to both domestic and foreign investors, promising a conducive ecosystem for sustainable growth.
The zone has attacted a number of important sectors including electrical and electronic devices, components and precision engineering products.