June 16, 2026 | 16:00

Siemens and Pacific Land partner to develop Silverlake innovation park

Siemens and Pacific Land have signed a strategic partnership to develop Silverlake Bio Hi-Tech Park into a smart, sustainable innovation hub, supporting Vietnam’s ambitions in high-tech industry, life sciences, and advanced manufacturing.

Dr. Pham Thai Lai, President & CEO of Siemens ASEAN & Vietnam, and Mr. Ole Bollingtoft, General Director of Pacific Land Vietnam, at the signing ceremony
Dr. Pham Thai Lai, President & CEO of Siemens ASEAN & Vietnam, and Mr. Ole Bollingtoft, General Director of Pacific Land Vietnam, at the signing ceremony

Siemens Limited and Pacific Land Joint Stock Company on June 12 signed a Strategic Partnership Memorandum to jointly develop Silverlake Bio Hi-Tech Park into a next-generation innovation hub in Vietnam, with a strong focus on smart, digitalized, and sustainable development.

The agreement comes at a time when Vietnam is emerging as a highly attractive destination for high-tech investment, accompanied by growing demand for modern, integrated infrastructure that meets international standards. Silverlake is positioned as a comprehensive innovation ecosystem where companies in the life sciences and high-tech industries can thrive on advanced infrastructure.

Under the agreement, Siemens will act as the technology partner, providing advanced solutions and digital platforms across five key pillars: smart infrastructure, sustainability, digitalization, electrification, and life science technology. Siemens’ scope includes integrated campus management systems, IoT and AI platforms, digital twins, comprehensive power distribution systems, as well as internationally certified environmental control and biosafety technologies for high-spec research and manufacturing environments.

Speaking at the ceremony, Dr. Pham Thai Lai, President & CEO of Siemens ASEAN & Vietnam, said: “This partnership reflects our confidence in Vietnam’s long-term potential as a regional hub for innovation and high-tech manufacturing. Through Silverlake, Siemens and Pacific Land are not only developing a technology park but also co-creating an ecosystem where infrastructure, data, and technology converge - laying the foundation for industries of the future to grow faster, smarter, and more sustainably.”

Mr. Ole Bollingtoft, General Director of Pacific Land Vietnam, emphasized: “Silverlake Bio Hi-Tech Park represents our commitment to Vietnam’s next phase of growth, from a strong production economy to a knowledge-driven, high-tech innovation economy. With Siemens as our technology partner, we aim to translate this vision into future-ready systems, smart energy grids, digital buildings, and resilient infrastructure, positioning Vietnam firmly on the global map of life sciences, innovation, and sustainable high-tech industry.”

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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