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Fri, 03/22/2024 - 10:37
Submitted by nhathong on Fri, 01/16/2009 - 11:16
The new Hoa Lac Hi-Tech Park has so far granted investment licences to 32 projects with a total registered capital of about US$700 million.

According to the park management board, eight projects worth US$275.4 million were licensed last year.

The board is now considering 27 other potential projects with investors worth US$2.5 billion.

The Hoa Lac Hi-Tech Park is a joint venture between Japan and Vietnam. Japanese partners are responsible for the project’s planning scheme to draw in investors.

It comes on the heels of the Vietnam-Japan joint statement signed by the two Governments on October 19, 2006.

When completed, the park will be divided into four zones: Research and Development, Hi-tech Industry, Education and Training, and a software park. It is also expected to facilitate universities and many high-tech equipment plants. The plants will manufacture electronic and semi-conducting products, digital and bio-technology products and telecommunication products.

VOVNews/VNS

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