Foxlink to invest US$135mil in Da Nang

Representatives of Foxlink Vietnam at a working session with Da Nang University. (Photo courtesy of Da Nang University)

DA NANG: The central city’s Da Nang High-tech Park has agreed a deal to build an electronics factory project worth US$135mil with Taiwan’s Foxlink International Co, promising a surge in high-tech industries at the green hub.

The Da Nang Hi-tech Park and Industrial Zones Authority (DHIZA) said the project, which will be built on 11.35ha, will be a magnet for global electronics and semiconductor investment moves in central Vietnam.