The Ho Chi Minh City People’s Committee has formally issued an implementation plan to expand the Saigon Hi-Tech Park (SHTP) following a choice by the Prime Minister.

A key function of this growth is the addition of a science and know-how park, spanning 194.84 ha in Long Phuoc Ward.

The growth goals not solely to improve the bodily scale of SHTP but in addition to create a brand new growth house centered on scientific analysis, high-tech growth, and strategic applied sciences. The space will function a hub for enterprise incubation, human useful resource coaching, know-how switch, and commercialization. This transfer is a vital step in reworking SHTP into a number one regional heart for analysis and growth (R&D), and innovation.

The main goal is to set up superior R&D facilities in key sectors, together with microelectronics, data know-how, automation, biotechnology, and new supplies. Additionally, the mission will foster connections with instructional establishments and analysis institutes to kind business clusters, selling R&D actions and transferring towards an industrial symbiosis mannequin.

The expanded space can also be designated to change into the “nucleus” of the innovation ecosystem throughout the Highly Interactive Innovative Urban Area within the jap a part of the town.

To understand this imaginative and prescient, the town will concurrently execute a number of key duties: developing mechanisms and insurance policies to appeal to high-tech and strategic know-how tasks; finalizing regional zoning and planning. Conducting land compensation and website clearance; investing in technical and digital infrastructure; and designing particular schemes to appeal to funding into the expanded zone.

The core focus shall be on attracting R&D tasks, pilot high-tech manufacturing, and establishing innovation facilities, strategic know-how analysis hubs, and high-quality human useful resource coaching services.



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