HANOI, Aug 21 (Reuters) - Vietnam's top tech firm FPT

and its subsidiaries kicked off construction on a $174

million artificial intelligent project in south-central Binh

Dinh province, its latest push to tap into AI sector, the

company said on Wednesday.

The project, developed by a consortium including FPT City

Danang, FPT Investment, and FPT Software, covers an area of

93.24 hectares, FPT said in a statement.

It comprises an AI centre, an education zone and a

supporting urban zone, of which the AI centre will focus on

research, software production, digital transformation assistance

and cybersecurity solution provision, it added.

FPT is the most valuable technology company on Vietnam's Ho

Chi Minh City bourse, with a market capitalisation of $7.7

billion. It offers a variety of AI, cloud and big data services,

and last year its total revenues exceeded $2 billion.

In April, FPT announced a plan to build a $200 million AI

factory using Nvidia's ( NVDA ) graphics chips and software.