Korean enterprises invest 177 million USD in Da Nang High-Tech Park

The Management Board of Da Nang High-Tech Park and Industrial Zones has just granted the decision approving the investment policy for the ICT VINA III Factory project invested by Dentium Co., Ltd. (Korea).

Da Nang City High-Tech Park.

The project has a total registered investment capital of 177 million USD, raising the total registered capital of foreign direct investment (FDI) projects in Da Nang High-Tech Park to 875.20 million USD with 13 projects.

According to Vu Quang Hung, Head of the Management Board of Da Nang High-Tech Park and Industrial Zones, the investor from Korea has urgently implemented all investment registration procedures in accordance with regulations and progress. This is one of the key projects that the city is attracting in the period of 2020-2025 according to the Project "Overall development of Da Nang High-Tech Park to 2030" in Decision No. 4621/QD-UBND dated October 14, 2019 of the People's Committee of Da Nang City.

“With the investor’s experience and financial capacity, as well as mastery of technology, the project will ensure progress, be put into operation on schedule and promote efficiency, creating a strong spread to businesses in the Da Nang High-Tech Park in particular, as well as to the city’s investment environment in general,” said Mr. Hung.

A representative of Dentium Company Limited shared that ICT VINA III Factory is the third project invested in Da Nang High-Tech Park. Previously, in 2018, the company was licensed to invest in the ICT VINA Factory project with a total registered investment capital of 20 million USD. In 2020, it continued to be licensed to invest in the ICT VINA II Factory project with a total registered investment capital of 60 million USD.

Dentium Co., Ltd. is committed to promptly implementing investment procedures for the construction of the ICT VINA III Factory according to the set plan, striving to complete the project and put it into production soon. At the same time, Dentium Co., Ltd. also promotes attracting many domestic and foreign experts in the field of high technology to Da Nang city, as well as implementing training activities to improve professional capacity, contributing to improving scientific research activities in the area.

The factories of Dentium Company Limited in Da Nang High-Tech Park specialize in researching and manufacturing high-tech machinery and equipment products in the medical field. Up to now, Dentium Company Limited has invested in 3 projects in Da Nang High-Tech Park with a total registered investment capital of 257 million USD.

Source: https://baodautu.vn/doanh-nghiep-han-quoc-dau-tu-177-trieu-usd-vao-khu-cong-nghe-cao-da-nang-d231282.html