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Construction of 40-million USD factory underway in Da Nang

Construction of a 40-million USD sports equipment factory began on December 15 at the Hoa Khanh Industrial Park in the central city of Da Nang’s Lien Chieu district.
Construction of 40-million USD factory underway in Da Nang ảnh 1Construction of a 40-million USD sports equipment factory begins on December 15 at the Hoa Khanh Industrial Park in the central city of Da Nang’s Lien Chieu district. (Photo: VNA)

Da Nang (VNA) - Construction of a40-million USD sports equipment factory began on December 15 at the Hoa Khanh IndustrialPark in the central city of Da Nang’s Lien Chieu district.

Invested by Daiwa Vietnam Limited, the factory sits on4 ha and is scheduled to be completed in January 2022.

Licensed in 2019, it is the third project of thecompany at Hoa Khanh, where its investment totals 90 million USD.

Addressing the breaking-ground ceremony, Vice Chairmanof the city’s People’s Committee Ho Ky Minh said the municipal authorities willcreate optimal conditions for the construction of the project and for all investorsin the city.

Industrial parks in Da Nang licensed 16 new projectsthis year, raising the total to 491, including 128 foreign-invested projectswith investment of nearly 1.6 billion USD. Of the number, Japanese investorsown 52 projects worth more than 644 million USD./.
VNA
#Hoa Khanh Industrial Park#Da Nang#sports equipment factory#Vietnam#VietnamPlus#Vietnam news
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