FPT invests US$925 million in Da Nang City

FPT invests US$925 million in Da Nang City

The People’s Committee of the central Da Nang city has recently granted a license to the FPT Da Nang Urban Joint Stock Company, under FPT Group, to invest in the FPT Da Nang Industrial Urban Zone.


The urban zone covering 181 hectares at Hoa Hai Precinct, Ngu Hanh Son Urban District in Da Nang City, includes the 25ha FPT University, a 33ha software park, and, consequently, the FPT University with 1,500 teachers and staff members can enroll around 10,000 students while the software park can provide jobs for 3,000 engineers.

The project has a total investment capital of US$925 million and is designed by the American SOM Company (Skidmore, Owings and Merrill LLP). It is expected that the first phase of the project will be completed by 2012.

Reported by Vu Hung/ QDND