Danang Hi-Tech Park receives $62 million investment

East Sea Technology Engineering Electrical Automation receiving the investment certificate

The project to build a commerce-logistics services centre in DHTP will be carried out by Southeastern Asia High-Tech Logistics JSC over the area of 9.2 hectares. The centre will be built at H1 plot in the area of logistics and services for DHTP, with total investment of VND1.230 trillion ($54.19 million) over three stages.

The first stage of this project will focus on completing blocks of offices for lease, logistics warehouses, and container yards. The next stage is to build distinct zones for diverse purposes, including commerce-supermarket, food court-display, and recreation combined with multi-sports facilities, as well as fuel stations. In the third stage, a convention centre and hotel complex will be established.

According to the scheme, the construction for the first stage will start in the second quarter of 2018 and come into operation in early 2021.

Southeastern Asia High-Tech Logistics Joint Stock Company receiving the investment certificate

Meanwhile, East Sea Technology Engineering Electrical Automation will be the lead investor of the project to build a digital factory at the A14 plot—the hi-tech manufacturing area in DHTP—over a total area of 0.982ha. The project is supposed to receive total investment of around VND182 billion ($8 million) and is to be carried out in two stages.

In the first stage, the investor will establish a centre for research and automation and hi-tech development, a centre for implementing and providing solutions, products, and services in line with the 4.0 Industrial Revolution, as well as a centre for automation and hi-tech training.

The second stage of the project will concentrate on expanding the hi-tech research centres, carrying out projects and training courses on creating and manipulating digital statistics. The investor committed to implement the first stage in early 2018 and officially put the project into operation in January 2020.

According to the management board, Danang Hi-Tech Park has attracted about ten projects so far with the total registered investment of over $249 million over 34.6ha. Among these ten projects, three are 100-per cent financed from Japanese investors.

Niwa Foundry Vietnam inaugurates new plant at Danang Hi-tech Park On March 10, Niwa Japan inaugurated the new plant of Niwa Foundry Vietnam at Danang Hi-tech Park.