The investment project worths 135 million USD, covering 11.35 ha of land with an investment unit cost reaching 11.8 million USD/ha. Foxlink Electronics Manufacturing Plant in Da Nang Hi-tech Park will produce IoT products, anufacture touch pens, wireless earphones, batteries, charging stations, circuit boards, etc.
The project is expected to create jobs for about 2,000 people in Da Nang City and neighbouring provinces.
Since 1986 Foxlink design, manufactures and sells connectors, cable assemblies, power management devices, battery packs on an OEM/ODM basis to some of the world’s leading makers of communications devices, computers and consumer electronics. Foxlink’s customers include some of the best-known and most respected industry leaders, and have solid and long-term partnership with. In addition to its expertise in the components, Foxlink and its subsidiaries have successfully developed diversified products in the area of wireless communications and optical technology, targeting to provide customers the total solution from components to turnkey products with highest quality. Currently, Foxlink has 15 plants all over the world.
Da Nang City pays great attention to mobilizing resources to boost up the long-term development of Da Nang Hi-tech Park. The city strives to build Da Nang Hi-tech Park into a multi-functional national hi-tech park, offering services that help to create competitive advantages for businesses and investors. Recently, Da Nang Hi-tech Park and Industrial Zones Authority has announced the list of projects calling for investment in Da Nang Hi-tech Park in 2023. Accordingly, the city focuses on calling for investments into 03 functional zones of Da Nang Hi-tech Park, including Hi-tech production zone (investment unit cost: 15 million USD/ha); R&D and incubation zone (investment unit cost: 05 million USD/ha); logistics and hi-tech zone (investment unit cost: 10 million USD/ha).
As of September 2023, there are 524 valid projects in Da Nang Hi-tech Park, IT parks and industrial zones, including 400 domestic projects with registered capital of 32,014 billion VND and 124 FDI projects with registered capital of 2.042 billion USD. Da Nang Hi-tech Park is now home to 28 projects, in which there are 16 domestic projects with registered capital of 7,024.78 billion VND and 12 FDI projects with registered capital of 702.24 million USD. |
(IPA Da Nang)