Saigon Hi-Tech Park attracts $5.57 billion investment capital

After 14 years of establishment, Saigon Hi-Tech Park in HCMC has granted 102 investment certificates with the total capital of over US$5.57 billion, reported the park’s management at a ceremony yesterday.

Workers at Saigon Hi-Tech Park (Photo: SGGP)

So far, 48 companies have come into operation at the park including many global leading firms such as Intel, Samsung, Nidec an Sonion.

Production value this year is estimated to reach US$19.5 billion. Of these, export value reaches $19.2 billion and import tops $17.3 million.

The first phase of the park has basically been built over 300 hectares and the second phase over 613 hectares has nearly been done.

Deputy head of the Park Management Board Duong Minh Tam says that the park now provides 94 percent of the city’s hi-tech products.

Their added value averaged only 10-12 percent before 2011. Now, 40 percent of companies at the park get the added value of over 25 percent and a number of these see the value exceeding 35 percent such as Nanogen, FPT and Digisensor.

On the occasion of the 14th anniversary of establishment the park opened a hi-tech support product showroom.

By Gia Quang – Translated by Hai Mien

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