ASCO Industries plans $100 million aircraft parts plant in Danang, Vietnam

Belgium's ASCO Industries plans to invest an initial $20 million in a 6,000-square-meter aircraft components factory in Danang, Vietnam, with potential expansion to $100 million. The facility is expected to begin operations in 2027.

“ASCO Industries plans to invest an initial $20 million in an aircraft components factory in Vietnam’s central city of Danang, with the investment potentially rising to $100 million for expansion.”en.vcci.com.vn

• 1 source
• en.vcci.com.vnBelgium’s ASCO Industries plans $100 mln aircraft parts plant in central Vietnam - VCCI - Vietnam Chamber of Commerce and IndustryAug 22, 2019

Summarized from public sources; check the original articles before acting on it.