Ho Chi Minh City is about to have Science Park more than VND 4,260 billion

The 200-hectare park inherits experience from the existing high-tech park as well as advances in Singapore, Taiwan, Hong Kong .

Vietnam prepares to build a science park

HCM City Hi-tech Park Management Board said that it is investing in building the city's Science and Technology Park with a budget of about 4,263 billion dong. In particular, the cost of site clearance compensation for 22 households is over 815 billion VND; bomb and mine clearance of nearly VND 8 billion; prepare to invest more than 13 billion. The remaining funding is for construction of works and items of parks with a scale of over 200 hectares.

Picture 1 of Ho Chi Minh City is about to have Science Park more than VND 4,260 billion
Ho Chi Minh City Hi-tech Park.

The park was built in Long Phuoc Ward (District 9), located between the existing High-Tech Park and Ho Chi Minh City National University. Expected, the implementation time is from 2016 to 2020.

Mr. Duong Minh Tam - Deputy Head of the Management Board of the High-Tech Park - said the park is a place to focus on research and application of advanced technologies to production, to help economic growth, create good quality products and competitive edge. Painting . This is also a place to create business and train high-tech human resources for HCMC. Connecting with the current high-tech park to create products around the field of information technology, renewable energy and storage, space technology, automation, biomedical . The park will absorb experience of high-tech parks, science parks from Taiwan, Hong Kong, Singapore .

Previously, the City People's Committee approved the policy of establishing the second high-tech park with the name of Ho Chi Minh City Science and Technology Park . The City assigned the Management Board of the High-Tech Park to be the investor, Ho Chi Minh City National University is a strategic partner to develop this park.

Up to now, the High-Tech Park Management Board has attracted 80 projects, with a total investment of over $ 4.3 billion. In 2014, attracting FDI capital of this unit accounted for more than 48% of total FDI attraction of the city.