(VOVWORLD) - The Management Boards of Da Nang Hi-Tech Park and Da Nang Industrial Park have issued an investment registration license to KP Aero Industries Co., to build the KP VINA aviation components factory with an investment of 20 million USD.
 Simulation of the KP VINA aviation components factory project to be build in Da Nang High-Tech Park and industrial Parks. (Photo: VOV) |
The factory will produce, process, and assemble aircraft parts, including APU doors, MIC tips, wingboxes, winglets, and the flap support fairing of Boeing 787 and Boeing 737 Max aircraft.
This is the second project in the aerospace sector to find a home at Da Nang High-Tech Park, after the project of UAC Vietnam Company. The two foreign direct investment (FDI) projects in the aerospace sector from the United States and South Korea are contributing to Da Nang’s goal to become an international high-tech destination by 2030. The construction is scheduled to begin early next month and come into official operation by the end of the year.
KP Aero Industries Co., has partnerships with leading aviation companies such as Boeing, Airbus, and Korean Air. The project will lay a foundation for Da Nang City to develop an aviation and aerospace technology complex.