Saigon Hi-Tech Park

Saigon Hi-Tech Park

Saigon Hi-Tech Park (abbr.: SHTP) is a park for high technology enterprises in District 9, Ho Chi Minh City, by the Hanoi Highway, 12 km from downtown Ho Chi Minh City, opposite to Thu Duc University Village across Hanoi Highway. This park is built to host hi-tech enterprises and covers an area of 600 ha and will be expanded to 900 ha according to the investment requirement. Hi-Tech investors are given red-carpeted treatment here with preferential land lease and taxation. There are several hi-tech companies registered and setting up their workshops here, notably: Japanese Nidec with the registered invested capital of US $1 billion, US Intel with US $1 billion registered and work started on 28th March 2007. This park is aimed at turning Ho Chi Minh City into a hi-tech city of the region. This city is currently a hub of labor-incentive industries (textile, footwares, chemicals,...) which cause severe pollution and overpopulation. This park is one of two hi-tech paks in Vietnam, the other is Hoa Lac Hi-tech Park situated in Ha Tay Province, outskirt of Ha Noi.

External links

* [http://www.shtp.hochiminhcity.gov.vn/ Saigon Hi-tech Park official website]


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