S Korean Aerospace officials arrive

Friday, May 24, 2013 09:44

The factory will produce parts for the European Aeronautical Defence and Space Company N.V, the parent company of Airbus.—Illustrative image/Photo France24

HA NOI (Biz Hub)— Representatives from Korean Aerospace Industries in South Korea have arrived in central Da Nang city to study the possibility of setting up a factory producing spare parts for planes.

According to local newspaper Dau tu (Investment), the board of the Da Nang high-tech zone said the factory would produce parts for the European Aeronautical Defence and Space Company N.V, the parent company of Airbus.

The size of the factory and investment has not been revealed.

If realised, this will be the second factory to manufacture spare parts for airplanes in the country after MHI Aerospace Viet Nam Ltd Co invested by Japan's Mitsubishi group.—VNS



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