- Da Nang Free Trade Zone begins FTZ2 work.
- FTZ2 links logistics with advanced manufacturing.
FTZ2 Investment and Planned Industrial Development
Reported on August 28, 2026, Sai Gon-Da Nang Investment Joint Stock Corporation (SDN) has commenced work on FTZ2, the second functional area of the Da Nang Free Trade Zone. The project covers 75 hectares and carries an investment of VND 1.6 trillion (USD 61.3 million). FTZ2 is planned to support logistics, high-tech manufacturing, and supporting industries, with EV batteries included among its intended investment sectors. The development also includes planned semiconductor and chip production, advanced electronics, transport equipment, and biotechnology, broadening the industrial scope of the free trade zone.
FTZ2 Construction Milestone and Free Trade Zone Expansion
FTZ2 will be connected to Lien Chieu deep-sea port and is the first infrastructure project in the Da Nang Free Trade Zone to complete the required construction procedures. The 1,881-hectare free trade zone is planned to contain seven functional areas. FTZ3 and FTZ4 have already received investment licenses, while construction of FTZ5 began in 2025. The progress of Sai Gon-Da Nang Investment Joint Stock Corporation therefore represents a construction milestone within the broader development of the zone, while the planned mix of logistics, manufacturing, electronics, EV batteries, and other technology-oriented industries defines the intended role of FTZ2.
Frequently Asked Questions
What is the investment value of the FTZ2 project?
FTZ2 represents an investment of VND 1.6 trillion, equivalent to approximately USD 61.3 million, for development across 75 hectares within the free trade zone. The project is being developed by Sai Gon-Da Nang Investment Joint Stock Corporation (SDN) and is planned to support logistics, high-tech manufacturing, and supporting industries. Its intended investment sectors include EV batteries, semiconductor and chip production, advanced electronics, transport equipment, and biotechnology, with a planned connection to Lien Chieu deep-sea port.
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