The Long Hau Joint Stock Company (JSC) on Thursday morning continued to break ground on the first stage of the VND 1,050 billion hi-tech ready-built factory cluster for lease in the Da Nang Hi-Tech Park.

A perspective view of a cluster of hi-tech ready-built factories for lease developed by Long Hau JSC.

Covering a total of 29.6 ha of land, the cluster, once completed, will provide ready-built factories, with an area of 500 - 3,300m² each, for investors, plus 170m² offices for rent.

The factories are expected to be very attractive to companies operating in technology and supporting industries such as precision engineering and electronic parts, and sensor manufacturers.

In addition to its ready-built factory for lease, the project will offer construction consultancy, job introduction, environmental sanitation, and support services for businesses, especial small and medium-sized ones.

The company has committed to developing the cluster at the park across three phases with total investment of VND 1,050 billion.

Till date, 11.69ha of land out of 29.6ha in phase 1 of the project have been leased to Long Hau JSC and handed over to it by the Authority of the Da Nang Hi-Tech Park and Industrial Parks.

Construction has been completed on two hi-tech ready-built factories, and they have been leased to two Japanese-invested high-tech equipment manufacturing projects, namely Hatsuta Automatic Safety Solutions Co., Ltd, and Inaba Rubber Viet Nam Co., Ltd.

Continuity in construction of ready-built factories will add a total floor area of ​​10,000m² for lease.

The company is committed to ensuring that 100% of land allocated for phase 1 of the project will be covered by ready-built factories, making them available for lease in the near future.

Reporting by KHANH HOA – translating by H.L