SDN to contribute to local socioeconomic development of Da Nang

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SDN to contribute to local socioeconomic development of Da Nang

Monday, January 20,2020

AsemconnectVietnam - Saigon - Da Nang Investment Corporation (SDN) is a member of Saigon Investment Group (SGI), one of the leading private corporations in Vietnam with stunning successes in investing and developing hi-tech industrial parks and top-class achievements in FDI attraction in Vietnam. With a long-term vision and perspective on sustainable development, SDN has successfully developed some industrial and urban area projects in Da Nang City and positively contributed to local socioeconomic development.

SDN’s core business is industrial park infrastructure development. The company has attracted many domestic and foreign investors. Expanded Hoa Khanh Industrial Park has now filled up 90% of the area and only a small area is left for building factories for long-term lease. And, Lien Chieu Industrial Park has leased 70% of the rentable area although this is far from the center of the city.

Notably, SDN has attracted some FDI projects from South Korea, Japan, Taiwan, the United States and other countries. Typical tenants include TCIE Vietnam Co., Ltd (manufacturing and assembling Nissan vehicles), TC Vietnam Motor Co., Ltd, Crown Packaging Co., Ltd, Yusen Logistics Vietnam Co., Ltd in Da Nang City, Logitem Vietnam Co., Ltd, Vina Foods Kyoei Co., Ltd, Lovepop Vietnam Co., Ltd (U.S. startup), Key Tronic Vietnam Co., Ltd, Liwayway Food Industry Co., Ltd, Haohsing Investment Co., Ltd, Nippon Konpo Vietnam Real Estate Co., Ltd, and Indotran Logistics and Forwarding Joint Stock Company, with registered capital value of hundreds of millions USD.

Mr. Tran Ngoc Diep, General Director of SDN, said that, in recent years, despite economic fluctuations, SDN still achieved important business results.

As a member of Saigon Investment Group (SGI), SDN develops on SGI’s traditional foundation, culture and common goals. And, SDN’s first goal is determined by the community. Therefore, SDN has constantly made efforts to develop industrial parks, attract investors, create jobs and pay the State Budget. SDN has high appreciation of the Party and the State.

SDN is always proud of our tradition and corporate culture as well as SDN’s goals passed on to all our employees to make them know their roles. SDN’s income and profit may not be as high as many other real estate businesses, but SDN’s values for the community always make us proud and inspire all of SDN to strive for that ideal. This will also help raise productivity.

SDN’s motto is “Customer success is SDN’s success” and “SDN creates the foundation for development". So, to customers, SDN provides accurate information, bring true products of real value. Since then, they feel assured when they come here to cooperate with us for long-term stability and will always have us on their side.

In addition, another characteristic culture of SDN is the close cohesion of the company with the locality and mass organizations to facilitate development. Although SDN is a private joint stock company, we also have a Party cell with many members and a self-defense force, and SDN always cooperates with local authorities to execute Party guidelines and State laws.
N.Nga

Source: VITIC/Vccinews.vn

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