Universal Alloy Corporation Asia Pte Ltd (UAC) has decided to invest in a US$170 million project to manufacture a number of aircraft components at the Da Nang High-tech Park.

Its investment licence is expected to be granted on March 1, under which the company will initially provide parts for the bodies of Boeing 787, 777 and 737 aircraft, as well as Rolls Royce engines.

UAC Vietnam will produce more than 4,000 different parts to be exported to North America, the EU and Malaysia.

The company expects to export goods worth US$25 million in 2021, US$82 million in 2022 and US$180 million by 2026.

The US manufacturer has also expressed its wish to cooperate with technical colleges and vocational schools in Da Nang in order to develop the aeronautics industry.

It plans to employ between 650 and 1,200 skilled workers in mechanics, electronics, and automation, and develop a production chain in supporting industries employing another 2,000 workers or more.

Mr. Truong Ngoc Thanh – Ariyana Convention Centre’s Public Relations and Media Communications Manager was honored to become the MC for this special event.

Source : en.nhandan.org.vn