Da Nang is about to have a second aviation components factory with an investment capital of 20 million USD.

DNO - On January 25, the Management Board of Da Nang High-Tech Park and Industrial Zones announced that it had granted an investment license for the project "KP VINA Aviation Components Factory" to investor KP AERO INDUSTRIES CO., LTD (Korea) with a total investment capital of 20 million USD in Da Nang High-Tech Park.

It is expected that the second aviation components factory with an investment capital of 20 million USD in Da Nang High-Tech Park will officially operate by the end of 2024. Photo: VAN HOANG

The project's objective is to manufacture, process and assemble aircraft components, including auxiliary power unit doors (APU Door), MIC tip, wingbox, winglet, flap support fairing of Boeing 787 and Boeing 737 Max aircraft.

This is the second project in the aerospace sector invested in Da Nang High-Tech Park.

According to the representative of KP AERO INDUSTRIES CO., LTD, the investor committed to promptly implementing construction procedures in accordance with legal regulations and is expected to start construction in early February 2024, striving to complete and officially start operating by the end of 2024.

According to the Management Board of Da Nang High-Tech Park and Industrial Zones, the implementation of the KP VINA Aviation Components Factory project in Da Nang not only contributes positively to the city's socio -economic development, but also creates a foundation for the formation of an aviation and aerospace technology complex in Da Nang High-Tech Park.

VAN HOANG

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