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Japanese investor kicks off hi-tech R&D center project in Danang

By Nhan Tam

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DANANG – Japan’s Fujikin Danang Company held a groundbreaking ceremony for a hi-tech R&D center project at the Danang Hi-tech Park in Danang City today, October 5.

The project was awarded the investment certificate from the Danang Hi-tech Park and Industrial Zones Authority (DHPIZA) in February this year, with a total investment of US$35 million. This is the seventh project to be developed by Japanese investors at the Danang Hi-tech Park.

According to DHPIZA, the project will serve the research and development of hi-tech products such as robots, drones and energy equipment using hydrogen, and medical equipment.

The investor is set to complete the project and put it into operation in June next year, which is also the 20th anniversary of Fujikin’s presence in Vietnam. Fujkin Danang will also take measures to attract more hi-tech experts to Danang to help enhance scientific research activities in this central city.

Speaking at the groundbreaking ceremony, Tran Phuoc Son, vice chairman of the municipal government, said that given the experience and financial strength of the investor, he believed the project would be completed and put into operation as scheduled, as well as prove effective.

In the year to September, the city’s hi-tech park, information and technology park and industrial zones had attracted 17 projects. Among them, four are foreign direct investment (FDI) projects with total pledged capital of over US$145 million, while the rest were locally-invested ones with total registered funding reaching VND544 billion (nearly US$24 million).

Up to now, these zones have attracted 503 projects in total, including 373 domestically-invested projects and 130 FDI ones.

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