The Hanoi People's Committee has approved the outline of a transformative project to develop the Hoa Lac High-Tech Park by 2030, with a vision to 2045.  The plan positions the high-tech park as a hub for high-tech research and innovation, ultimately shaping it into a Science and Technology City.

The People’s Committee emphasized that the project outline serves as a foundational scientific framework for the Hanoi Party Committee in establishing strategic policies and directions for the park's sustainable development. This initiative aims to align with Hanoi's broader socio-economic growth objectives, ensuring the high-tech park meets both regional and national priorities.

Based on an assessment of the potential, current status, and development trends of the high-tech park, the project will propose specific directions and solutions to develop the park into a high-tech research and application center, a Science and Technology City.

The Hoa Lac High-Tech Park includes the following functional areas: a software area (55.93 ha); a research and development (R&D) area (263.15 ha); an education and training area (123.53 ha); a high-tech industrial area (391.01 ha); and transportation and technical infrastructure hub projects (220.55 ha); among others.