General Director of Trung Nam Group Nguyen Tam Tien remarked after 3 months of being put into operation, the surface-mount technology (SMT) assembly and manufacturing plant, located in the Hoa Vang District-based Da Nang Dedicated IT Park (DITP), has already received its first orders from customers.

As planned, the plant will sign a Memorandum of Understanding with its strategic partner from the USA-based Silicon Valley in the coming time. The plant is expected to earn 1.2 billion USD/ year in revenue in the next five years.

Trung Nam Group is planning to build five information and communication technology (ICT) factories, with an area of between 4,000m² and 6,000m² each, along with a 3-storey showroom. In addition, such technical infrastructure items as internal roads, water supply, and drainage systems will be developed.

Two of the five ICT factories will be installed with 16 SMT assembly, and 16 mechanical assembly production lines. Meanwhile, the remainder will be used to develop industrial properties for rent with the purpose of calling for investment in electronics and telecommunications with a total investment of nearly 1,500 billion VND.

This year, Trung Nam Group plans to earmark 26ha in the DITP for building an apartment-eco-service complex at a total cost of 2,100 billion VND. In particular, the complex will feature four 10-21 storey apartment blocks, 64 villas, 33 hillside villas, a sports area, and other facilities.

By TRIEU TUNG - Translated by M.D