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

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.

The project is expected to start construction in early February 2024 and strive to be completed and officially operational by the end of this year.

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Da Nang High-Tech Park has just attracted another project in the aerospace sector. Photo: Tien Anh

This is the second project in the aerospace sector invested in Da Nang High-Tech Park, after the project of UAC Vietnam Co., Ltd.

In 2023, the Management Board of Da Nang High-Tech Park and Industrial Parks granted new licenses to 19 projects with a total investment capital of 258.6 million USD (equivalent to 6,301 billion VND).

The unit's goal for 2024 is to strive to attract at least 3 investment projects to Da Nang High-Tech Park, with a total investment capital of about 200 million USD and focusing on 3 main spearheads, including: aerospace technology, semiconductor microchips and high-quality healthcare.