The Government will issue a new decree on mechanisms for the Hoa Lac Hi-Tech Park, enabling it to play an extremely important role in enhancing the countrys science and technology capacity, Prime Minister Nguyen Xuan Phuc has said. Prime Minister Nguyen Xuan Phuc visits a production facility of Vietnam Post and Telecommunication Industry Technology JSC at Hoa Lac Hi-Tech Park The PM and other Government and ministry officials visited the park on February 16. Located in Thach That and Quoc Oai districts, Hanoi, on a land area of 1,586 hectares, the Hoa Lac Hi-Tech Park is expected to become a science city hosting investors in biotechnology, information communication, new material technology, and automation. Modern infrastructure is being built at the park using the State budget and the official development assistance (ODA) supported by the Japanese government. According to the parks management board, it has so far received 1,530 hectares of land out of the total 1,586 hectares. The park counts 78 valid investment projects, including nine foreign ones, with a total registered capital of over 60 trillion VND (2.68 million USD), in the spheres of high technology, training, trade and services, and social infrastructure. Thirty-six projects have been put into … Continue reading
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