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Saigon Hi-Tech Park

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Saigon Hi Tech Park

The Saigon Hi-Tech Park (Vietnamese: Khu Công nghệ cao Thành phố Hồ Chí Minh; abbr.: SHTP) is a park for high technology enterprises located 15 km from downtown Ho Chi Minh City, opposite to Thu Duc University Village, along the Hà Nội Highway and on the Line 1 of the HCMC Metro with the High Tech Park station. The park covers an area of 326 ha (95% utilised) and is currently being expanded to 913 ha.[1] High-tech investors are given preferential treatments here with land leases and taxation, as well as support for customs services.

Several high-tech companies chose SHTP,[2][3] notably:

  • Japanese Nidec[4][5] (TSE:65940, NYSE:NJ, hard disk drive motors): with multiple factories under Nidec, Nidec Copal and Nidec Sankyo flagships and total investment of US $500 million for a planned 20,000 workforce
  • US Intel (NASDAQ:INTC): with US $1 billion registered investment to build the largest chip assembly & test plant in the world[6]
  • French Air Liquide (EPA:AI): gases for industry, health and the environment
  • Danish Sonion: miniature and hearing components who employs more than 2,000 workforce in SHTP
  • US Jabil (NYSE:JBL): electronic supplier
  • Italian Datalogic (STAR:DAL.MI): bar codes readers.

In total 26 companies were in operations in 2011, employing more than 11,000 employees and a total registered investment of US $2 billions.

This park was aimed at promoting Ho Chi Minh City and Vietnam as a hi-tech investor friendly destination. The new phase is focusing on education, bio-technology, start-up incubators, training centres, software, R&D, telecom. This park is one of the hi-tech parks in Vietnam, the other being Hòa Lạc Hi-Tech Park situated in the western outskirts of Hanoi near the Hanoi University of Science and Technology (HUST) and Đà Nẵng Hi-Tech Park in Đà Nẵng.

Map

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References

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  1. ^ http://www2.dtinews.vn/news/news/headlines/hcmc-to-expand-saigon-hi-tech-park_414.html[permanent dead link]
  2. ^ "Saigon Hi-Tech Park | SaigonMoney.com - the digital provider of news, analysis and data on Vietnam Business, Finance, Banking and Investing". Archived from the original on 2012-03-26. Retrieved 2011-06-28.
  3. ^ "High-tech multinationals invest in Vietnam".
  4. ^ "Saigon Times Online - Nidec invests US$70 mil. More at high-tech park - Nidec invests US$70 mil. More at high-tech park". Archived from the original on 2011-10-06. Retrieved 2011-06-28.
  5. ^ "SGGP English Edition- President lauds Nidec for hi-tech investment in Vietnam". Archived from the original on 2011-09-30. Retrieved 2011-06-28.
  6. ^ "Intel to open Vietnam plant". Archived from the original on 2011-01-20. Retrieved 2011-06-28.
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See also

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