Works on a ICT factory zone begins at the Da Nang Information Technology Park. (Photo courtesy of Trung Nam Group) The general director of Trung Nam Group, Nguyen Tam Tien, said the factorychain would be built on 9.3ha at Da Nang Information Technology Park with aninvestment of 1.5 trillion VND (65.2 million USD).
The group would also develop an apartment and villa zone for expert andengineers and an eco-park project on 26ha with a total of 2.1 trillion VND (91.3million USD) for accommodation facilities for investors and their families inthe near future, he said.
Tien said the group planned to build 23 more ICT factories andR&D zones to meet increasing demand from global partners.
“We debuted the first surface-mount technology (SMT) factory with a capacity of6.2 million electronic products per year at the Da Nang Hi-tech Park last yearafter three months of research,” he said.
He said the operation of the SMT factories chain will be a key step inbuilding the Da Nang IT Park as central Vietnam’s 'Silicon Valley’, andcall for investors from Silicon Valley and the US to invest in high-techindustries, artificial Intelligence (AI) and automation.
Trung Nam completed the first investment phase on 131ha at Da Nang IT Park withan investment of 47 million USD. It plans to develop the second phase onanother 210ha with estimated funds of 74 million USD.
Universal Alloy Corporation – a leading global manufacturer of aircraftcomponents for aerospace companies – from the US launched its factory foraircraft components worth 170 million USD, at the city’s Hi-Tech Park lastMarch.
Alton Industry from the US also plans to build a robot manufacturing project inthe city’s Hi-tech Park.
In 2019, two of the first Silicon Valley-based businesses – Meritronics AMT Incand Ai20X Silicon Valley – agreed with Trung Nam Group to develop the Da NangIT Park.
Last year, South Korea’s LG Electronics and Trung Nam Land JSC inked anagreement with a vision to transform Da Nang into the centre of technologyand R&D in Vietnam./.
VNA
