Trungnam Group’s Da Nang IT Park development strategy will contribute to affirming the vision of breakthrough economic development for the city.
Da Nang IT Park is becoming an opportunity for investors, especially in the context of economic recovery after the pandemic. It is attracting significant attention from businesses looking for growth opportunities. With the advantages that the Fourth Industrial Revolution brings, more and more businesses are coming to Da Nang.
This location offers strong technical infrastructure, a favorable business environment, and a thriving ecosystem, making it ideal for fast-growing projects and investments.
Strategic Vision for Da Nang’s Technological Future
The development of Da Nang IT and digital content sectors is one of government’s vision according to the Resolution 43 of the Politburo. Base on that, Da Nang will become a dynamic city by 2030, with a vision to 2045. Local authorities, together with the business community, are committed to building a strong foundation for Da Nang’s IT and high-tech sectors, thus accelerating the city’s transformation into a technological powerhouse.
What is SMT Production line?
Key Milestones in Da Nang’s Tech Landscape
In October 2020, Da Nang launched its first high-tech electronics project, the Surface Mount Technology (SMT) initiative, in the Central and Central Highlands regions of Vietnam. Moreover, a skilled workforce, many of whom are graduates from the University of Danang’s University of Science and Technology, will manage the project.
Within just three months of operation, Trung Nam EMS, the SMT project management unit, has demonstrated Da Nang’s great potential to domestic and foreign investors. Exceeding expectations, the project not only attracted international attention but also generated initial production orders.
World-Class Infrastructure at Da Nang IT Park
The investor has equipped Da Nang IT Park with modern facilities, including 5 factories on the A2 production line, 16 SMT production lines, and 25 mechanical assembly lines. Furthermore, these high-tech facilities are being rapidly completed to ensure Da Nang is ready to play a key role in the transformation of the global supply chain post-COVID-19. With major projects set for completion in 2021, this park will, without a doubt, be fundamental to the city’s economic and technological future.
Key Projects for 2021 and Beyond
Three major projects are central to the Da Nang IT Park development: ICT A2 (10 hectares), 16 SMT lines, and the Experts Zone (26 hectares). These projects are designed to position Da Nang as a leading player in the global technology landscape. As of now, workers are diligently working around the clock to meet deadlines and ensure these projects are fully operational, contributing to the city’s goal of becoming a regional and global leader in tech innovation.
Sustainable Growth and Future Development
Firstly, Trungnam Group, the investor behind Da Nang IT Park, has outlined a clear, ambitious strategy for its rapid and sustainable growth. With the completion of phase 1 infrastructure spanning 131 hectares, the Park will soon be operational. The plan includes hardware manufacturing, R&D, software production, offices, exhibition spaces, data centers, and residential areas with optional entertainment facilities.
Secondly, Da Nang IT Park is about to enter the second phase of development. Local authorities and investors focus on strengthening the city’s infrastructure, ecosystem and socio-technical projects to create an optimal environment for business and innovation.
As the result, this sets the stage for Da Nang to become a global center for high-tech industries and innovation.
Da Nang: A Hub for Future Investment
In the future, Da Nang IT Park will be the main driving force for Vietnam’s economic and technological growth. In additional, this Industrial Park has modern infrastructure, world-class facilities and a commitment to sustainable development. Besides, the strategic location attracts many investors who want to take advantage of opportunities from the Fourth Industrial Revolution.
In fact, Da Nang IT Park will be the first model of its kind in Vietnam’s advanced technology valleys. This project aligns with the city’s mission to become the leading socio-economic center in Southeast Asia by 2045. As part of this vision, Da Nang aims to transform into a hub for startups, innovation, tourism, finance, high-tech industry, and IT. Consequently, the city and its people are eagerly preparing for this exciting future.
Conclusion
In short, Da Nang’s IT Park marks an exciting new chapter for the city. Specifically, it represents a significant opportunity for investors, innovators, and businesses to establish themselves in one of Southeast Asia’s most dynamic emerging markets.
With its unparalleled infrastructure, skilled workforce, and strategic positioning, Da Nang is rapidly becoming a major player in the global tech industry. As long as the park continues to develop, it will, in turn, play a crucial role in helping Da Nang realize its vision of becoming a leading socio-economic and technological hub by 2030 and beyond.
