The deputy head of the Đà Nẵng Hi-Tech Park managing board, Phạm Trường Sơn, said the project, which was granted an investment licence last year, was built on 2ha with total investment of US$20 million.

He said the factory, which was inaugurated last week, was designed for total capacity of 11.7 million implant products, CT scanners, and computer aided design (CAD) and computer aided manufacture (CAM) scanners used in healthcare services.

It is the first hi-tech equipment offered by a Korean investor at the park.

According to the Đà Nẵng Investment and Planning Department, the city has attracted a total of 679 foreign direct investment projects worth $2.9 billion and 322 domestic projects worth $4.2 billion since early this year.

The 1,100ha Hi-Tech Park, located near Liên Chiểu Port and logistics centre, the North-South Expressway and the railway system as well as hi-tech industrial zones, has 15 investment projects worth $390 million.

It was designed as a hub for green and hi-tech investors from Japan, Thailand, the Republic of Korea, Singapore and the US.