Hi-tech Factory in Da Nang: Ideal manufacturing and office space solution for ancillary businesses

Ancillary industry plays an essential role in promoting the economy and sustainable development. In the past few years, the industry has experienced a significant growth in FDI inflow which leads to a diversification of raw material supply and market demand. However, production space is still one of the top concerns of investors, not only in terms of cost but also in infrastructure connection.

With open and attractive investment policies, Da Nang is considered a great destination for businesses in the supporting and hi-tech sectors, especially in the pace of companies moving production from China to Vietnam. In recent years, the city continues to improve and develop infrastructure, expand hi-tech zones and create production space to meet investor needs.

One of the highlight projects can be mentioned is High-tech Factory in Da Nang Hi-tech Park. Developed by Long Hau Corporation (LHC), the Hi-tech Factory has a total scale of 29.6 ha with an investment capital of VND 1,050 billion. This is the first factory for lease project in Da Nang hi-tech park, aiming to server supporting and hi-tech businesses.

The project takes a great advantage of the Hi-tech Park’s location, close to Da Nang – Quang Ngai highway, 25km from Tien Sa seaport, 22km from the city center and 17km from Da Nang International Airport, connecting directly with Da Nang IT park.

Phase 1 of the project with an area of 10,000m2 at Lot J4 has been 100-percent completed which offers factories for lease from 1,500m2, including a spacious column-free factory and a two-storey office block with modern design.

The High-tech Factory is an outstanding factory for lease project in Da Nang and is highly appreciated by domestic and foreign investors. Factories are ready to hand over which helps investors quickly put into operation. In parallel, LHC is planning for the expansion of phase 1 which occupies an area of 10,000m2 and is expected to be completed on September 2020.

Many foreign investors interested in the project and came to visit. The ready-built factory at Da Nang Hi-tech Park is considered an optimal solution for businesses.

In addtion, LHC offers a full range of business services such as legal service providing support on procedures, business registration to operate in the Danang High-Tech Park; recruitment service for qualified and skilled human resources; factory repair and maintenance; industrial hygiene service, etc.

Mr. Bui Le Anh Hieu, Director of Long Hau Corporation – Da Nang branch committed: "We realize and understand investor concerns when making investment decisions. Therefore, our company strives to provide diversified solutions to meet business needs. It took only 6 months for phase 1 of the High-tech Factory to be completed and handed over to tenants. LHC also offers support services and continues to develop the expansion phase of the project. We are always ready to provide our best support and adivce for businesses who are intending to invest in Da Nang Hi-tech Park.”

In December 2019, LHC officially handed over completed workshops to the first two Japanese tenants. Both investors are fully satisfied with construction quality and dedicated support from LHC and Danang Hi-Tech Park and Industrial Zones Authority, which help them soon put into operation.

Long Hau Corporation (LHC) is the investor of Long Hau Industrial Park. It is one of the leading industrial parks in Long An province with over 13 years of experience in development of industrial facilities. In 2010, the company was listed on Ho Chi Minh Stock Exchange with code LHG. In February 2019, LHC started construction of the first factory for lease project in Da Nang Hi-tech Park, officially expanded to the central region of Vietnam.

>>> Read more: Straightforward ways to boost high-tech supporting industry in Da Nang