The Ho Chi Minh City People's Committee has officially issued an implementation plan to expand the Saigon Hi-Tech Park (SHTP) following a decision by the Prime Minister.
A key feature of this expansion is the addition of a science and technology park, spanning 194.84 ha in Long Phuoc Ward.
The expansion aims not only to increase the physical scale of SHTP but also to create a new development space focused on scientific research, high-tech development, and strategic technologies. The area will serve as a hub for business incubation, human resource training, technology transfer, and commercialization. This move is a critical step in transforming SHTP into a leading regional center for research and development (R&D), and innovation.
The primary objective is to establish advanced R&D centers in key sectors, including microelectronics, information technology, automation, biotechnology, and new materials. Additionally, the project will foster connections with educational institutions and research institutes to form industry clusters, promoting R&D activities and moving toward an industrial symbiosis model.
The expanded area is also designated to become the "nucleus" of the innovation ecosystem within the Highly Interactive Innovative Urban Area in the eastern part of the city.
To realize this vision, the city will simultaneously execute several key tasks: developing mechanisms and policies to attract high-tech and strategic technology projects; finalizing regional zoning and planning. Conducting land compensation and site clearance; investing in technical and digital infrastructure; and designing specific schemes to attract investment into the expanded zone.
The core focus will be on attracting R&D projects, pilot high-tech manufacturing, and establishing innovation centers, strategic technology research hubs, and high-quality human resource training facilities.
Google translate