A 200ha science and technology park will be built in HCM City’s District 9, in nearby the Hi-Tech Park (Photo: www.planic.org.vn)

HCM City (VNA)
– The Ho Chi Minh City  People’s Committee has approved a 1/2000 scale
plan for the city’s second science and technology park to be built in District
9 at a cost of around 4.3 trillion VND (188 million USD).

To come up in Long Phuoc ward
near the Hi-Tech Park, the 200ha park will have distinct zones for research and
application of advanced technologies, fabrication of high-quality products,
incubation of start-ups and high-tech training for workers.

It will also collaborate
with the High-Tech Park to adopt the latter’s latest technologies.

Its innovations will focus
on information technology, renewable energy, energy storage, space technology,
automation, and bio-medical engineering.

The park is expected to
hire 15,000 people when it is up and running.

The Quang Trung Software
City (QTSC) in District 12 was the first science park to be set in the city and
is the biggest in the country, covering an area of 430,000sq.m.

Established in 2001, QTSC
houses around 140 Information and Communication Technology companies, with
foreign firms accounting for nearly half, which employ 20,455 workers and

It targets becoming one of
top 10 software parks in providing human resources and valued-added services in
Asia by 2020.-VNA