Friday, April 19,2024 - 10:17 GMT+7  Việt Nam EngLish 

Long Hau to develop first factory cluster for lease in Danang 

 Saturday, September 22,2018

AsemconnectVietnam - Long Hau JSC, the developer of a number of industrial parks, will start work on a project to develop the first hi-tech cluster of workshops for lease, worth over VND1.05 trillion (US$45.1 million), in Danang City’s Danang Hi-Tech Park in the next quarter.

At a ceremony to grant the investment certificate to Long Hau on September 17, a Long Hau representative said the cluster, which will cover 29.6 hectares of land, will be executed in three phases. It will include factories with an area of 500-3,300 square meters each.

The investor will set aside nearly 20 hectares of land to build plants designed by its customers and a multistory factory to provide enterprises with various choices.
Once operational, the project will contribute to supporting the production and business of enterprises in Danang Hi-Tech Park. Long Hau will assist firms with registering to trade in the hi-tech supporting industries, thus saving them time.
At the ceremony, Long Hau also signed an agreement with Japan’s Hatsuta Seisakusho Co., Ltd, to lease a 6,000-square-meter factory to the Japanese company.
The Danang Hi-Tech Park currently has nearly 400 hectares of cleared land available for investors. The city has granted investment certificates for 15 projects at the hi-tech park, with a combined investment of US$400 million.
Source: thesaigontimes.vn

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