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Electronics manufacturer gets licence in Da Nang

An investment licence has been granted to the US company Vector Fabrication Inc. for a Micro-Electro-Mechanical Systems (MEMS) and printed circuit board (PCB) factory with an investment of 60 million USD in the central city’s high-tech park after a one-year survey of locations in central Vietnam.
Electronics manufacturer gets licence in Da Nang ảnh 1An entrance to the Da Nang Hi-tech Park. The park west of Da Nang city has called for investment from the US, Japan and Korea. (Photo courtesy of Da Nang Hi-tech Park and Industrial Zones Authority)
Da Nang (VNS/VNA) - An investment licence has been granted to the UScompany Vector Fabrication Inc. for a Micro-Electro-Mechanical Systems (MEMS)and printed circuit board (PCB) factory with an investment of 60 million USD inthe central city’s high-tech park after a one-year survey of locations incentral Vietnam.

Head of the Da Nang Hi-tech Park and Industrial Zones Authority (Da Nang HPIZA),Pham Truong Son, said the factory, which will be built on 40,000sq.m, wouldbegin the first phase in the first quarter of 2025.

Son said the US investor from California designed its capacity of 52,000products, including two-layer, 4-layer and multi-layer PCBs per year for twoinvestment phases, while the manufacture of MEMS would be slated for the firstquarter of 2027.

He said the project was one of a series of investments starting with surveys atthe central city’s industrial zones and high-tech parks during the outbreak ofCOVID-19 in the city in 2021.

Last year, Da Nang HPIZA also agreed to an investment proposal from IntexDevelopment Company, a member of Intex Group from the US, for the developmentof a 12-million USD factory at Hoa Khanh Industrial Zone to produce 1.9 millionwater filter boxes for above ground pools and 2.4 million water and air pumpsper year.

The park authority also received an investment proposal by Arevo Inc from theUS for a 3D printer manufacture project at Da Nang Hi-Tech Park with a totalinvestment of 135 million USD.

Arevo, based in Silicon Valley, is pioneering composite production throughdigitalisation and automation and the world's first high-speed additivemanufacturing system capable of creating sizable, continuous carbon fibrecomposite structures on demand.

Meanwhile, United States Enterprises will build a semiconductor for operationin 2023. It will focus on machining and fabrication specialists for quartz,ceramic, silicon, and other materials such as aluminium oxide, mono andpoly-crystalline silicon, and sapphire.

The city has called for more investment from Silicon Valley and the US inhealthcare, high-tech industries, artificial intelligence, education, realestate and automation.

The Universal Alloy Corporationwas the biggest investor from the US that officially operated the first stageof the 170 million USD Da Nang-based Sunshine Aerospace componentsmanufacturing plant in 2020./.
VNA

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