DNO - On January 25th, the Management Board of Da Nang High-Tech Park and Industrial Zones announced that it had granted an investment license for the "KP VINA Aerospace Components Factory" project to KP AERO INDUSTRIES CO., LTD (South Korea) with a total investment of 20 million USD in the Da Nang High-Tech Park.
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| The second aerospace component factory, with an investment of $20 million, is expected to officially begin operations in Da Nang High-Tech Park by the end of 2024. Photo: VAN HOANG |
The project aims to manufacture, process, and assemble aircraft components, including auxiliary power unit (APU) doors, MIC tips, wingboxes, winglets, and flap support fairings for Boeing 787 and Boeing 737 Max aircraft.
This is the second aerospace-related project to invest in the Da Nang High-Tech Park.
According to a representative of KP AERO INDUSTRIES CO., LTD, the investor is committed to promptly implementing construction procedures in accordance with the law and plans to commence construction in early February 2024, striving to complete and officially begin operations 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 Aerospace Components Factory project in Da Nang not only makes a positive contribution to the socio -economic development of the city, but also lays the foundation for the formation of an aerospace technology complex in the Da Nang High-Tech Park.
VAN HOANG
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