Da Nang licenses two major projects worth US$62.2 million
VOV.VN - The Da Nang municipal People’s Committee has granted licences to the East Sea Technology Engineering Electrical Automation Company (ESTEC) to invest in two US$62.2 million projects at Da Nang Hi-Tech Park.
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The second project is an ESTEC digital plant spanning an area of nearly 1ha and drawing a total investment capital of VND182 billion. It includes a research and development centre for automation technologies, digital data management, and cloud computing, which are scheduled to come into operation in January 2020.
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According to Deputy Head of Da Nang Hi-Tech Park Management Board Doan Ngoc Hung Anh, Prime Minister Nguyen Xuan Phuc has signed a decision on incentives for the Park, boding well for its operations this year.