The Da Nang Hi-Tech Park is a 'green' industrial hub in Da Nang. The first electronic component factory commenced construction at the park. — VNS Photo Cong Thanh

The central city began construction of the first surface-mount technology (SMT) factory at Da Nang Hi-Tech Park. The plant would make printed circuit boards and electronic components for export from early 2021.

It will be the 19th investment project at the 1,100ha park in the west of the city.

General director of the Da Nang’s Information Technology Park JSC (DITP) company, Nguyen Anh Huy, told Viet Nam News that facilities and equipment were shipped to the factory on July 15, and the trial operation of the factory would start four months later.

He said the SMT factory, which was built with an investment of US$7 million, will be the start of a complex, including a research and development (R&D) centre, electronic component production, hi-quality human resources incubation and training centre.

“The SMT factory will pilot the production of hi-tech electronic products and printed circuit boards for export. It will be a sample for the key complex of electronic production – the biggest of its kind in central Viet Nam – to be built at the Da Nang IT Park with an investment of $30.4 million,” Huy said.

He said the company and experts from Silicon Valley in the US will begin installing a production line at the factory soon.

He also said investment promotion events have been planned to attract more investors from Taiwan, South Korea, Thailand and Japan.

Two years ago, Da Nang built a road to connect traffic between the hi-tech park and the IT Park.

Two of the first Silicon Valley-based businesses – Meritronics AMT Inc and Ai20X Silicon Valley – agreed with DITP company to develop the Da Nang IT Park as an expanded ‘Silicon Valley’ in Viet Nam. — VNS