The East Sea Technology Engineering Electrical Automation Company (ESTEC) recently began construction of its one-hectare ESTEC plant in the Da Nang’s Hi-tech Park. The VND182 billion (US$8 million) digital project will be divided into 2 stages.
The first stage involves the establishment of a research and development centre for automation and hi-tech development, a centre for implementing and providing solutions, products, and services in line with Industry 4.0. In addition, it will create a venue to offer training courses on industrial automation and hi-tech industry, developing a management centre for digital data and cloud computing, and building an area for manufacturing and integrating electric automation products, measuring devices, and environmental monitoring instruments.
The second stage of the project will concentrate on expanding the plant’s centres and its manufacturing areas, and expanding research activities to create even more products for the market.
It is reported that the Da NangHi-tech Park has thus far attracted a total of 3 Japanese-invested and 7 domestic projects, with a total registered capital of more than US$249 million, covering an area of 34.6ha.
The Park has prepared more than 300ha of cleared land with essential infrastructure facilities for new investors and those who want to expand their projects here.