Monday, May 04, 2020 15:42
Works on a ICT factory zone begins at the Da Nang Information Technology Park. (Photo courtesy of Trung Nam Group)
Da
Nang (VNS/VNA) - Trung Nam Group has started construction of
five factories at the Information Technology and Communication (ICT) Service
Zone in the central city of Da Nang to host the moves of
The general director of
Trung Nam Group, Nguyen Tam Tien, said the factory
chain would be built on 9.3ha at Da Nang Information Technology Park with an
investment of 1.5 trillion VND (65.2 million USD).
The group would also develop an apartment and villa zone for expert and
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The global railway signaling systems market was valued at US$ 9.68 Bn in 2019 and is expected to grow at a CAGR of 9.5% over the forecast period from 2020 to 2028.
Increasing demand for advance controlling systems and rising high-speed railway projects will drive the demand for railway signaling systems.
The market for railway signaling systems expected to witness significant growth with the deployment of communication-based train control (CBTC) and other advanced signaling techniques. In addition, market growth is strongly influenced by standardization processes concerning train control which are implemented in order to improve both railway traffic safety and efficiency. Rising investment in urban transportation particularly in railway networks is increasing the demand for CBTC systems globally for efficient rail traffic management. The growing number of passengers and increasing competition among operator