News dalla rete ITA

26 Gennaio 2021

Vietnam

SILICON VALLEY INVESTOR LANDS IN DANANG

January, 25/2021ĐÀ NẴNG — Đà Nẵng City’s industrial zones and high-tech park authority (DHPIZA) has granted aninvestment licence to a semiconductor project worth US$110million from the firm United StatesEnterprises.Head of the DHPIZA, Phạm Trường Sơn, said the project was invested by the Hayward QuartzTechnology Inc – a leading supplier supporting all major original equipment manufacturer (OEM) in thesemiconductor business segment and an authorized quartz distributor and fabricator to all major rawmaterial manufacturers from Silicon Valley in the US.Sơn said the project was the second-largest direct investment from the US after the Đà Nẵng SunshineAerospace under the Universal Alloy Corporation of the US was built with an investment of US$170million.He added the plant will focus on machining and fabrication specialists for quartz, ceramic and silicon andother materials such as aluminium oxide, mono and poly-crystalline silicon and sapphire.Investors begin flocking to the Đà Nẵng Hi-Tech Park. The park was designed to offer hi-tech investorsfavourite conditions of investment and land. VNS Photo Công ThànhThe plant, which covers 10.22ha, will commence construction in the first phase in the second quarter of2021 to become operational in 2023.It will produce 2.1 million products and 704 tonnes of silicon dioxide in the first phase before increasingto 5.8 million products and 792 tonnes of silicon dioxide in the second phase.Đà Nẵng authorities have been seeking investors from Silicon Valley and the US investing in healthcare,high-tech industries, artificial intelligence (AI), education, real estate and automation at Đà Nẵng Hi-techPark and Information Technology Park.According to DHPIZA, another project, the Telala Đà Nẵng plant, under the Inoue Ribbon Industry ofJapan, was built with a total $6.6 million in the supportive industry for garment and textile firms.The plant began operation at Hòa Khánh Industrial Zone in January after a year of construction, creating140 jobs and an export turnover of $3.5 million per year.Despite COVID-19, the DHPIZA granted investment licences to 16 new projects with a total of $95.6million in 2020.To date, DHPIZA has drawn 364 domestic projects worth VNĐ26 trillion ($1.1 billion) and 129 foreigndirect investment projects worth $1.7 billion. — VNS (ICE HO CHI MINH CITY)


Fonte notizia: Vietnam News