Da Nang Hi-Tech Park attracts additional US$62 million

Saturday, 2018-02-10 12:00:15
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Vice Chairman of Da Nang municipal People's Committee Ho Ky Minh grants an investment certificate to Southeastern Asia Hi-Tech Logistics JSC
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NDO - The People's Committee of Da Nang city held a ceremony on February 9 to grant investment certificates for two projects in Da Nang Hi-Tech Park with a total investment of US$62.2 million.

The project of Da Nang Hi-Tech Park Logistics Services - Trade Centre has received funding by Southeastern Asia Hi-Tech Logistics JSC with a total investment of US$54.2 million.

Construction of the project is scheduled to kick off in the second quarter of the year and it is expected to be operational by early 2021.

Meanwhile, East Sea Technology Engineering Electrical Automation Company (ESTEC) will invest US$8 million in building the ESTEC Digital Factory.

The first phase of factory’s construction will commence in early 2018 and it is scheduled for completion in January 2020.

The Da Nang Hi-Tech Park has so far attracted 10 projects with a total investment capital of over US$249.3 million. An expansion and upgrade of the park is underway to attract more investors.