Da Nang inaugurated IT Park modeling after the Silicon Valley

According to the introduction, Da Nang IT PARK is invested by Da Nang Information Technology Development Joint Stock Company with a total area of 341 ha and total investment capital of US $ 121 million in Hoa Lien commune, Hoa Vang district. This is the largest concentrated information technology zone in the country.

The project is divided into two phases: Phase 1 includes 131ha, started on March 29, 2019 with a total investment of 47 million USD. The second phase of the project has a total area of 210 ha, invested capital of 74 million USD.

DITP has a vision of becoming one of the best IT development communities in Asia in Da Nang, modeling after Silicon Valley of the United States and Hsinchu - Taiwan Science Park of Taiwan, so the goal of the project will attract large companies in the field of high technology to operate.

Well-invested, full of specialized functional areas and synchronous infrastructure, Da Nang IT PARK aims to earn $ 1.5 billion / year and create jobs for about 25,000 high-quality employees who are being trained at both home and abroad.

In order to attract businesses to invest in the centralized IT zone, Da Nang has developed special policies such as preferential corporate income tax for 15 years with tax exemption policy for the first 4 years, 5% for the next 9 years, 10% for the next 2 years and tax incentives after 15 years of operation is 20-22%.

In particular, it is exempted from import tax on goods imported to create fixed assets, raw materials, machinery and equipment that cannot be domestically produced to serve the production of IT products and IT services of enterprises..

On the same day, Universal Alloy Corporation (UAC, USA) officially started construction of Sunshine aerospace components factory with a total investment of 170 million USD in Da Nang High-Tech Park.

The first phase of the project will be completed in January 2020, producing products such as parts used in aerospace, raw materials / assembly using aluminum alloy materials.

Phase 2 of the project will be completed in April 2023, expanding the production of parts used in aviation and raw materials production of composite materials ...

The project will go into operation to attract and use highly qualified human resources, in which investors are interested in technical labor from universities in Da Nang.

The project of constructing Sunshine aerospace components manufacturing factory is invested by UAC Group (Universal Alloy Corporation Asia PTE. LTD, Singapore) and DINCO Construction Technology Joint Stock Company is a general contractor.

Speaking at the groundbreaking ceremony, Mr. Nguyen Nho Trung, Chairman of Danang People's Council, said: "This is a project to produce and supply components and products for the aerospace industry which is a new field in the structure of industries in Da Nang city today."

When the factory is put into operation, it is expected to produce 4,000 out of a total of 5 million aircraft components for export to North America and EU markets. The project will create a drastic change in the structure of industries in Da Nang City at the same time, the project will attract and use high-skilled human resources from universities in the area.

UAC is a corporation specializing in manufacturing aircraft components and is a leading manufacturer of aircraft components. This is one of the top 3 groups in the world for supplying specialty aluminum for aircraft production. UAC has a 51-year history of establishment and operation, which often provides long-term contracts for: Boeing 787, 777, 767 and 737; Airbus from A350, A330, A320, A220 and ATR. Embraer E195 and Bombardier CRJ aircraft.

Yen Thanh