# Daikin to build $93.6M air conditioner plant in Hung Yen, Vietnam

Daikin Vietnam has signed a land lease agreement to build a new air conditioner manufacturing plant in Hung Yen, Vietnam, with an investment of about 10 billion yen ($93.6 million). The plant will start operations in 2018 with a capacity of 500,000 units, doubling to 1 million units by 2020, and create 500 jobs initially.

- Type: New facility
- Announced: 2016-08-01
- Where: Hung Yen, Vietnam
- Value: $93.6M
- Jobs: 500
- Starts operating: 2018
- Status: announced
- Capacity: 500,000 units per year
- Products: air conditioners
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Daikin](https://endata.com/companies/10434.md)

## Sources

- [vnr500.vn](https://vnr500.vn/Tap-doan-Daikin-dau-tu-xay-dung-nha-may-san-xuat-dieu-hoa-lon-nhat-tai-Viet-Nam-6707-1007.html), 2017-06-01: "Với giá trị đầu tư khoảng 10 tỷ yên Nhật (93.6 triệu USD), nhà máy bắt đầu đi vào hoạt động vào năm 2018 với công suất 500,000 bộ điều hòa"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.