On August 28, 2019, in the Toronto city, Canada, Chairman of
Danang People’s Committee chaired a roundtable talk about Canada-Danang
investment cooperation.
At the conference, the Chairman of Danang City People’s
Committee introduced the investment and business environment, as well as
exchanging cooperation and investment opportunities to investors in Canada. The
city also expressed its desire to attract investment in high technology,
information technology, education and tourism.
Until June, 2019, Canada has 10 foreign direct investment
projects in Danang with a total registered capital of nearly USD 1 million,
mainly in the field of management consulting service, equipment leasing. In
terms of trade exchange, in 2018, exports from Danang to Canada reached 27
million USD, with the main export items including garments, children’s toys,
components, auto parts, crafts. Meanwhile, the import value reached US $ 1.6
million with the main import items such as machinery, equipment and transport vehicles.
At the roundtable seminar, Canadian investors expressed their interest in
projects in the field of renewable energy, education, assembly, and production
of auto parts in Danang.
For investors interested in the opportunity to cooperate in the
production of automobile parts, Danang said the city has many mechanical
businesses capable of cooperating to produce automobile parts with foreign
partners. At the same time, the strategic location of Danang is also an
advantage for investors in terms of product transportation and distribution
system when opening the factory here.
In the field of education – training, city leaders encourage
projects of building international schools and joint training programs
according to international programs in Danang of Canadian investors.
In addition, Danang also wishes to cooperate with the city
of Brampton, Ontario province – a city possessing strengths in logistics,
information technology in Canada. At the meeting, representatives of city
agencies answered the investors’ questions related to investment support and
preferential policies; especially in the field of high technology, renewable
energy, financial support for small and medium enterprises, protection of
intellectualproperty rights …
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