Wednesday, 24/12/2008 07:46

City launches first hi-tech park in Thu Thiem

The construction of Vietnam-Japan Intellectual Park in Ho Chi Minh City ’s new urban area Thu Thiem began on Dec 23 with a ground-breaking ceremony for the 18-storey Park Gate Building.

The park, planned to cover an area of 440,000 sq.m and estimated to cost 610 million USD, will house various industries, including production of software and chips, human source training, promotion of trade and investment in high technology, and house and office leasing.

The project is expected to attract 4-5 large foreign hi-tech firms by 2017 with a workforce of 3,500 engineers and programmers and another 10,000 workers.

In addition to capital attraction and technology transfer, the project is to focus on the training of high skilled workers for supply to the Japanese market.

At the ceremony, in the presence of Deputy Prime Minister Hoang Trung Hai, representatives from the Vietnam-Japan Powersource Corp. (VIJA), the Quang Trung Software Park and the local authorities signed an agreement on the provision of telecommunication infrastructure, and transfer of experiences in IT and cooperation in Japanese language training.

On the same occasion, the VIJA handed a donation of 200 million VND to the pro-poor fund of the city’s District 2.

vna

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