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Oct 13, 2017 / 07:31

200ha science and technology park will be built in Ho Chi Minh City

The Ho Chi Minh City People’s Committee has approved a 1/2000 scale plan for the city’s second science and technology park to be built in District 9 at a cost of around 4.3 trillion VND (188 million USD).



 

To come up in Long Phuoc ward near the Hi-Tech Park, the 200ha park will have distinct zones for research and application of advanced technologies, fabrication of high-quality products, incubation of start-ups and high-tech training for workers.

It will also collaborate with the High-Tech Park to adopt the latter’s latest technologies. Its innovations will focus on information technology, renewable energy, energy storage, space technology, automation, and bio-medical engineering.

The park is expected to hire 15,000 people when it is up and running. The Quang Trung Software City (QTSC) in District 12 was the first science park to be set in the city and is the biggest in the country, covering an area of 430,000sq.m.

Established in 2001, QTSC houses around 140 Information and Communication Technology companies, with foreign firms accounting for nearly half, which employ 20,455 workers and researchers. It targets becoming one of top 10 software parks in providing human resources and valued-added services in Asia by 2020.

​Once completed, the Science and Technology Park will be a place to focus on research and application of advanced technologies to produce economic growth, create good quality products and so on. That is also the place for business incubation and training human resources for high technology in Ho Chi Minh City.