# 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.

- Type: New facility
- Announced: 2019-08-22
- Where: Danang, Vietnam
- Value: $20.0M
- Starts operating: 2027
- Status: announced
- Capacity: 6,000-square-meter factory
- Products: high-precision aircraft structures and components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [ASCO Industries](https://endata.com/companies/15250.md)

## Sources

- [en.vcci.com.vn](https://en.vcci.com.vn/economic-news/belgiums-asco-industries-plans-100-mln-aircraft-parts-plant-in-central-vietnam-121416), 2019-08-22: "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."

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