This morning, a ceremony asserting the event of the North Ho Chi Minh City Science and Technology City befell in Ho Chi Minh City’s Binh Duong Ward.
The North Ho Chi Minh City Science and Technology City is designed to function the metropolis’s “innovation brain,” selling analysis, high-tech manufacturing, and sustainable growth as much as the 12 months 2035.
Speaking on the ceremony, Bui Minh Thanh, Vice Chairman of the Ho Chi Minh City People’s Committee, highlighted that creating a science and technology city on this space is not going to solely set up a brand new progress hub but additionally create strategic alternatives to redistribute and relocate city and industrial actions away from the city’s heart.
He famous that this can be a essential situation for Ho Chi Minh City to develop right into a multi-polar megacity mannequin, decreasing stress on the present inside city space whereas enhancing the effectivity of area and infrastructure use.
The North Ho Chi Minh City Science and Technology City will play a strategic supporting position, alongside the worldwide monetary heart in Ho Chi Minh City. If the central space performs a job in finance and high-end companies, the northern science and technology city will assume the position of a nucleus for analysis and growth, innovation, and excessive‑tech manufacturing. These two pillars complement one another, making a balanced growth construction that helps Ho Chi Minh City improve its long-term competitiveness.
The Science and Technology City within the North of Ho Chi Minh City is envisioned because the “science and technology brain” of the high-tech manufacturing area. The undertaking is organized into an built-in growth area. Within this, the Science and Technology Development Center covers roughly 103 hectares.
In addition, there are 220 hectares of amenities for analysis and growth, high-tech manufacturing, and small-scale testing. These two areas type the core innovation hub, concentrated in Binh Duong Ward, serving as a strategic start line for the complete ecosystem.
The undertaking is applied in three phases: finishing the authorized framework and launching the core infrastructure this 12 months; accelerating growth over the following 4 years; and aiming to finish and fill all sub-areas by 2035. The whole funding for the undertaking quantities to tons of of 1000’s of billions of Vietnamese dong, following a state-led growth mannequin that mixes particular mechanisms, transit-oriented growth (TOD), and public-private partnerships.
The undertaking creates new progress drivers primarily based on a knowledge-based financial system, attracting high-quality overseas direct funding and coaching human assets linked to Industry 4.0. At the identical time, it’s a pioneering mannequin for inexperienced growth, aiming for net-zero emissions by 2050 and enhancing Ho Chi Minh City’s worldwide standing.
Immediately after the announcement ceremony, main worldwide firms and technology specialists participated in discussions, sharing their experiences in implementation, potential for cooperation, and technological growth, with a specific give attention to semiconductor technology.
Attendees included Nguyen Minh Triet, former Politburo member and former President of Vietnam; Nguyen Van Loi, member of the Central Committee of the Communist Party of Vietnam and Head of the Ho Chi Minh City National Assembly Delegation; Vo Van Minh, Deputy Secretary of the City Party Committee and Chairman of the Ho Chi Minh City People’s Council; Bui Minh Thanh, Vice Chairman of the municipal People’s Committee.
By workers writers – Translated by Anh Quan