Leaders of the Authority of the Da Nang Hi-Tech Park and Industrial Parks on Friday hosted representatives of German autos supplier Brose Group, and the Delegation of the German Industry and Commerce in Viet Nam which is a representative of the German Chamber of Industry and Commerce in Viet Nam.

Leaders of the Authority of the Da Nang Hi-Tech Park and Industrial Parks briefed Germany guests about investment-related policies and procedures in Da Nang. They were also committed to creating the most favourable conditions for the Germany group to deploy its project in the Hi-Tech Park, and Da Nang as a whole.

A representative of the Brose Group unveiled that the company is planning to open an electronics manufacturing plant in Viet Nam. Brose highly appreciated Da Nang for its efficient and well-integrated transport system serving investors in aviation and maritime as well as its professional and excellent logistics service. In addition, the Hi-Tech Park was also praised for its favourable location, beautiful landscapes and adequate auxiliary technical infrastructure.

Brose Fahrzeugteile GmbH & Co. KG, founded in 1908, is now the fourth largest family-owned automotive supplier in the world. Brose Group has distinguished itself in its long history through innovative products and manufacturing technologies.

The company develops and produces electric motors and drives, electronics and mechatronic systems for vehicle doors and seats, steering systems, brakes, gear systems and cooling fans. More than 25,000 employees work for Brose at 65 locations in 24 countries, and generated 5.1 billion euros turnover in 2020. Every second new vehicle worldwide is equipped with at least one Brose product. Brose's customers include more than 80 car manufacturers and other automotive suppliers.

Reporting by NAM PHUONG – Translating by H.L