# Searee secures foreign investment and credit facility for Danang facility

Searee Mechanical and Refrigeration announced on June 27, 2025 that it signed a Share Subscription Agreement with Taisei Oncho Vietnam and secured a mid-term credit facility from Techcombank, mobilizing approximately VND120 billion ($4.7 million) to accelerate construction of the Searee Industrial Building in Danang.

- Type: Investment
- Announced: 2025-06-27
- Where: Danang, Hoa Khanh Industrial Zone, Vietnam
- Value: $4.70M (120.0B VND)
- Starts operating: Jan 2026
- Status: announced
- Products: ducting and accessories
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Searee Mechanical and Refrigeration JSC](https://endata.com/companies/85656.md)
- [Taisei Oncho Vietnam](https://endata.com/companies/85657.md) (investor)
- [Techcombank](https://endata.com/companies/85658.md) (investor)

## Sources

- [vir.com.vn](https://vir.com.vn/searee-secures-foreign-investment-to-boost-production-and-finance-131550.html), 2025-06-30: "These agreements lay the foundation for professional corporate governance and responsible capital allocation, ensuring maximum benefits for all stakeholders while contributing to broader economic development."
- [safseo.com](https://safseo.com/searee-secures-foreign-investment-to-boost-production-and-finance.html), 2025-07-04: "These agreements lay the foundation for professional corporate governance and responsible capital allocation, ensuring maximum benefits for all stakeholders while contributing to broader economic development."

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