Saigon Hi-Tech Park attracts investment capital

Chairwoman of the Ho Chi Minh City People's Council Nguyen Thi Quyet Tam and a delegation from the HCMC People’s Council worked with Saigon Hi-Tech Park (SHTP) management board on January 18.

SHTP is a model of the country’s successive high technological zone. (Photo:SGGP)

According to head of the Saigon Hi-Tech Park (SHTP) management board Le Hoai Quoc, the park attracted 28 projects with its total investment capital of US$ 1, 5 billion last year; especially, three projects of Sonio, United Healthcare and Samsung Company increased US$ 634, 5 million investment capital.

At present, SHTP has issued investment certificates for 92 projects with total investment capital of US$ 5, 3 billion from top 10 most valuable technology brands in the world.

Recently, investors have increased newly investment capital that affirmed sustainable development of SHTP. SHTP’s export turnover last year hit US$ 4, 66 billion, accounting for 20 percent of total export value (eliminated crude oil export) and 92 percent of total export value of the country’s exports of high-tech products.

In order to ensure sustainable development, management board of SHTP constantly supported enterprises to develop the innovation and technology research projects.

Ms. Nguyen Thi Quyet Tam said: “SHTP not only becomes a model of the country’s successive high technological zone, but also attracts the world’s leading enterprises contributing to introducing the city’s brand name and image. However, the growth rate target is significantly lower than target of the city. In the upcoming time, the management board of SHTP will continue to seek cooperative opportunities and boost ties between domestic and foreign enterprises”.

By Tuong Han- Translated by Huyen Huong

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