A view of Da Nang Hi-tech Park in the central Đa Nang city. — Photo dhtp.gov.vn

Da Nang High-tech Park’s management board has granted an investment certificate to the first logistics project in the central city with total registered capital of VND316 billion (US$14 million).

The U&I Logistics Centre, funded by the U&I Logistics JSC in southern Binh Duong province, will cover more than 5ha in the Da Nang Hi-tech Park.

The first phase of the project will be implemented in the third quarter of 2017 and the second phase will start in Q1 of 2021.

Once completed, the project will provide logistics services such as delivery of import-export products, customs procedures and transport of goods by road and inland waterways for businesses in Da Nang Hi-tech Park.

The project is expected to meet the demand for logistics services of enterprises operating in Da Nang High-tech Park. It is expected to facilitate and improve transport and trading activities in the park and help Da Nang turn Lien Chieu Port into the city’s logistics centre. — VNS