Monday, November 29 2021

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Đà Nẵng IT Park to receive US$100 million of investment

Update: November, 25/2021 - 06:15

 

Director of Đà Nẵng IT Park company, Nguyễn Anh Huy, signs a Memorandum of Understanding with Singapore's partner Infracrowd Capital in a virtual signing agreement for development of a green data centre in Đà Nẵng. Photo courtesy of Trung Nam Group

ĐÀ NẴNG —  A green data centre in Đà Nẵng's Hi-Tech Park worth US$100 million has been agreed to thanks to a Memorandum of Understanding (MoU) signed between Trung Nam Group and Singapore’s Infracrowd Capital. 

It’s the first-ever Tier 3 Plus standard data centre in central Việt Nam. It will facilitate the growing demand for information technology, economic digital transformation and smart city infrastructure in Đà Nẵng and central region in the coming years.

The data and Research and Development (R&D) centre will be built on 20ha site in the Đà Nẵng Information Technology Park – the third national IT centralised zone and the first in central Việt Nam's 'Silicon Valley’.

Director of Đà Nẵng Hi-Tech Park Company, Nguyễn Anh Huy, said the data and R&D centre will be a key piece of the mosaic of the IT Park ecological system that hopes to attract foreign investors from the US, South Korea, Japan, Taiwan (China) and Singapore.

He said the centre will be developed in two stages leading to full operational capacity by 2024.

Huy said the construction of a chain of surface-mount technology (SMT) factories at the IT Park’s Information Technology and Communication (ICT) Service Zone is in preparation to contribute to global supply chains.

The first SMT factory, with a capacity of 6.2 million electronic products per year, opened last year, he said.

 

Director of Trung Nam EMS company, Peter Huỳnh, introducing the first locally made electronic circuit board at the SMT factory in Đà Nẵng IT Park. Photo courtesy of Trung Nam Group

An apartment and villa zone for experts and engineers, as well as an eco-park project, has been built on 26ha of the IT park, at a cost of $91.3 million. 

Trung Nam Group said it completed the first investment phase on 131ha at Đà Nẵng IT Park with an investment of $47 million, while the second phase on another 210ha will be continued with an investment of $74 million.

Also on Tuesday (November 23), Trung Nam Electronic Manufacturing Services (Trung Nam EMS) and Xelex Corporation signed an agreement for the production of 100,000 tablets, for the online education of students in Đà Nẵng City.

The two partners agreed to join the ‘Internet and computers for students’ campaign to provide millions of computers to disadvantaged students, especially those living in areas hit by the COVID-19 pandemic.

Trung Nam EMS plans to operate 20 SMT productions lines in 2022, creating jobs for 2,000 residents in central Việt Nam.

South Korea’s LG Electronics began construction of its R&D centre – the second in Việt Nam – at the Đà Nẵng Information Technology Park Tower just three months after signing an agreement with Trung Nam Land JSC. 

The Đà Nẵng IT Park was designed to lure investors from the Silicon Valley in the US into industries such as healthcare, high-tech industries, artificial intelligence, education, real estate and automation.

The city will host a virtual conference calling for investment into ICT from South Korea, currently one of five top foreign investors in Đà Nẵng. — VNS

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