The European Aeronautic Defence and Space Company (EADS), a large aerospace corporation, has announced it will build a space industry zone in Da Nang.

The meeting between Da Nang Chair Tran Van Minh and French Ambassador to Vietnam Jean Francoise Girault on June 7.

The European Aeronautic Defence and Space Company (EADS), a large aerospace corporation, has announced it will build a space industry zone in Da Nang.

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The announcement was made during a meeting between Da Nang Chair Tran Van Minh and French Ambassador to Vietnam Jean Francoise Girault on June 7.

EADS representative explained that, to make this decision, EADS and its partners made three surveys in Da Nang and reached agreements with Vietnamese agencies like Vietnam Airlines and the Air Defence Arm.

EADS considers this project as an important part in its long-term cooperation strategy with Vietnam, realizing their commitments made with Vietnamese Prime Minister Nguyen Tan Dung in previous meetings.

The project is scheduled to start in 2011. EADS industrial zone in Da Nang will manufacture and assemble aircraft components and manufacture helicopters.

Hai Chau