Hoa Lac hi-tech park attracts US$700 million investment

BTAT

Jan 31, 2009 / 01:26 PM

The Hanoi Times - The Hoa Lac Hi-Tech Park has so far licensed 32 projects with a total registered capital of around US$700 million. The Hoa Lac Hi-Tech Park is a joint venture between Japan and Vietnam. The agreement on the Hoa Lac Hi-Tech Park was in furtherance of the Vietnam-Japan joint statement signed by the two Governments on October 19, 2006. When completed, the park, which will be divided into four zones: Research and Development, Hi-tech Industry, Software Park and Education and Training, is expected to house universities and many plants that produce high-tech equipment like electronic and semi-conducting products, telecommunication, digital technology, and bio-technology. According to its management board, the park licensed 8 projects worth US$275.4 million in 2008 and is now discussing with investors on 27 other potential projects with a combined capital of some US$2.5 billion.

The Hanoi Times - The Hoa Lac Hi-Tech Park has so far licensed 32 projects with a total registered capital of around US$700 million.

The Hoa Lac Hi-Tech Park is a joint venture between Japan and Vietnam. The agreement on the Hoa Lac Hi-Tech Park was in furtherance of the Vietnam-Japan joint statement signed by the two Governments on October 19, 2006.

When completed, the park, which will be divided into four zones: Research and Development, Hi-tech Industry, Software Park and Education and Training, is expected to house universities and many plants that produce high-tech equipment like electronic and semi-conducting products, telecommunication, digital technology, and bio-technology.

According to its management board, the park licensed 8 projects worth US$275.4 million in 2008 and is now discussing with investors on 27 other potential projects with a combined capital of some US$2.5 billion.

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