Da Nang to invest over VND 2 trillion in smart city project

The central coastal city of Da Nang will spend VND 2.138 trillion on plans to develop Da Nang into a smart city in six more years, with official development assistance and private sector capital accounting for 70%.

The city will set aside VND 941 billion for developing smart infrastructure and a database from now until 2020, while the remainder will be used for rendering smart versions of applications during the 2021-2025 period, said Nguyen Quang Thanh, director of the municipal Department of Information and Communications, at an event to announce the scheme on April 10.

The city will continue to invest in other projects in the 2026-2030 period, aiming to widely introduce smart applications to local people and companies, Thanh added.

The smart city scheme will focus on 16 fields within the six main groups of management, economy, environment, life, citizens and traffic. In particular, tourism will serve as the key point in developing a smart economy, with investment focused on the smart tourism monitoring system, database and smart travel cards.

Tran Quoc Thai, deputy head of the Urban Development Agency at the Ministry of Construction, said on the sidelines of the event that Danang would face several obstacles due to an inefficient infrastructure and database when developing the smart city. Accordingly, stronger cooperation between departments and agencies as well as the establishment of appropriate policies are needed.

As for the corporate viewpoint, ABB Vietnam General Director Brian David Hull said that the city had to develop the smart city model based on the demands and expectations of local residents. The authorities should help the locals fully understand the impact of fulfilling their demands for the smart city, while setting specific goals to realize the scheme, according to him.

Regarding the upsides of the smart city, the city will save up to VND 1 trillion annually as well as at least 10% from other sources once the smart city is successfully launched, said Nguyen Thanh Phuc, head of the Authority of Information Technology Application at the Ministry of Information and Communications.

Source : The Saigon Times

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