Saigon Hi-tech Park is all smiles

11:15 | 24/12/2011
Saigon Hi-tech Park has produced upbeat business figures in 2011.

In 2011, Sai Gon Hi-tech Park (SHTP) licenced 11 projects valued $167.4 million, bringing the total number of projects at SHTP to 58 with a total capitalisation of $2.03 billion, according to SHTP Management Authority head Le Hoai Quoc.

A shining point in SHTP’s operations in 2011 was SHTP’s on-going projects have been operating efficiently with high full-year export figures of an estimated $756.3 million (Intel’s project alone contributed $500 million) and aggregated $1.72 billion in total export value since the SHTP began operation. Similarly, total full-year production value of SHTP businesses was an estimated $766.38 million and aggregated production value came to $1.74 billion.

Relative to 2012 development plans, the park would focus on luring big potential projects with priority given to top brand names in leading technology nations like the US and Europe as well as wooing investment into ‘science space’ zone and Internet City particularly projects on hi-tech services, digital content industry and software industry, according to chief Le Hoai Quoc.

Besides, the SHTP will continue  the supporting industry programme for on-going projects and developing solar energy system programme. Within its operation framework, next year the SHTP will host the 16th Asian Science Park Association (ASPA) annual meeting.

The SHTP recently licenced $2 million Singapore-backed Rockwell Automation Vietnam with an operational duration of 20 years. The project focuses on supplying technical solutions, business systems and post-sales services in industry-oriented automation field.

The Saigon Hi-tech Park is located 15km from downtown  Ho Chi Minh City along the Hanoi Highway and on the future line 1 of the Ho Chi Minh City metro (2014). The park covers an area of 326 hectares (95 per cent utilised) and is currently being expanded to 913ha.

Several world leading high-tech companies anchored in SHTP include Japanese Nidec, US Intel with $1 billion registered investment to build the largest chip assembly & test plant in the world, French Air Liquide - a world leader in gases for industry, health and the environment and Danish Sonion- a leader in miniature and hearing components .

This park is one of two hi-tech parks in Vietnam, the other being Hoa Lac Hi-tech Park situated in the western outskirts of Hanoi.

By Bao Giang

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