Da Nang resolves investment bottlenecks to unlock land and mineral resources

Da Nang is actively working to resolve legal and administrative bottlenecks to unlock investment resources and accelerate public investment disbursement. The city has successfully addressed nearly 98% of its approximately 2,000 stalled projects by applying specific mechanisms granted by the National Assembly and the Government.

A notable success includes the restart of the Golden Hills Ecological Urban Area project, developed by Trung Nam Joint Stock Company and KITA Group. This 330-hectare project has seen its total investment adjusted to nearly 15,500 billion VND following decisions to allow continued land allocation and leasing.

Simultaneously, the city is addressing delays in the mineral sector, which impact construction material supplies. An inspection of 71 mineral projects revealed that 56.3% were overdue. Local authorities have identified that slow coordination between agencies in processing mineral dossiers is hindering the progress of construction sites and the city's goal to reach at least 95% public investment disbursement by the end of 2026.