The US-based aviation firm Universal Alloy Corporation (UAC) has put its Da Nang facility into operation. The factory will be a sole-source supplier producing over unique 5,000 aerospace components for Boeing aircraft.
Two investment projects worth US$216 million at the Da Nang Hi-Tech Park will be put into operation on the occasion of the city’s Liberation Day on March 29 one year after construction started.
Deputy Prime Minister Vu Duc Dam and representatives of Da Nang and ministries officially inaugurated the first stage of the Da Nang Information Technology Park (DITP) after one year of construction at a ceremony yesterday.
The central city of Da Nang has granted a new investment licence to a factory for aircraft components of Universal Alloy Corporation, worth US$170 million.
