Hanoi has submitted a proposal to the Ministry of Construction and the Ministry of Planning and Investment to build a software park along Vo Nguyen Giap road, Nhat Tan - Noi Bai axis, north of the city.
Hanoi proposes to build a software park
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The park will cost an estimated VND7.87 billion (US$351.5 million) and span an area of 78.1ha. It is expected to provide working space for some 19,557 officials and experts.
According to Vingroup’s proposal, the project will have a 50-year operational period. Its construction will be started from the fourth quarter of 2018 and is poised to be completed by the end of 2022.
The project aims to invest in the construction of technical and social infrastructure in the software park. Besides, the project aims to form the centers for supplying infrastructure and technology services, the centers for researching and developing information technology products and services, training, technology transferring, creating international working environment to attract large technology corporations in and outside the country.
In the area of 78.1ha, the investor proposes building facilities such as data centers, functional areas of information technology and professional hotels, mixed commercial office and research development, consulting and training, exhibition center, and parks.
