Work begins on $8m Da Nang digital project

Thursday, Mar 22, 2018 09:58

Delegates attend to the project’s ground breaking ceremony. — Photo

The construction of a VND182 billion (US$8 million) digital project began on Tuesday in the Da Nang Hi-tech Park, making it the first of its kinds in the city and the central region.

Financed by the East Sea Technology Engineering Electrical Automation Company (ESTEC), the project will be divided into two phases, according to

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

The second stage of the project will concentrate on expanding the hi-tech research centres.

Head of the Da Nang Hi-tech Park’s management board Phung Tan Viet said the park has thus far attracted 10 projects with total registered investment of more than $249 million, covering an area of nearly 35ha. Among these projects, three are entirely financed by Japanese investors.

Viet said his park has prepared more than 300ha of cleared land with essential infrastructure facilities for new investors and those who want to expand their projects here. — VNS

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