- Saigon Hi-Tech Park
Saigon Hi-Tech Park (abbr.: SHTP) is a park for
high technology enterprises inDistrict 9 ,Ho Chi Minh City , by theHanoi Highway , 12 km from downtown Ho Chi Minh City, opposite toThu Duc University Village acrossHanoi 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: JapaneseNidec with the registered invested capital of US $1 billion, USIntel 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 inVietnam , the other isHoa Lac Hi-tech Park situated inHa Tay Province, outskirt ofHa Noi .External links
* [http://www.shtp.hochiminhcity.gov.vn/ Saigon Hi-tech Park official website]
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