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Saigon Hi-Tech Park to be part of HCM City’s innovation district

The Saigon Hi-Tech Park (SHTP) is working to complete an innovation ecosystem so as to become part of the core of an innovation district of Ho Chi Minh City.
Saigon Hi-Tech Park to be part of HCM City’s innovation district ảnh 1A corner of Saigon High-Tech Park (Photo: VNA)
HCM City (VNA) – The Saigon Hi-TechPark (SHTP) is working to complete an innovation ecosystem so as to become partof the core of an innovation district of Ho Chi Minh City.

At a ceremony to mark the SHTP’s 16th foundinganniversary on October 24, head of the park’s management board Le Hoai Quocsaid HCM City is working to build an innovation district in District 2,District 9 and Thu Duc district. Under this development direction, the SHTPwill join the HCM City National University to become the core of thisinnovation district.

He noted that the park will move to keep up withthe Fourth Industrial Revolution by capitalising on digital technology andintegrating all smart technologies to optimise production processes andmethods.

The SHTP now owns the technologies that cancreate major impact from Industry 4.0 like 3D printing technology,biotechnology, new material technology, and automation technology.

He added the SHTP has granted investmentlicenses to 148 projects, including 93 domestic projects worth over 38 trillionVND (1.6 billion USD) and 55 FDI ones worth 5.4 billion USD. Some of the majorinvestors come from the world’s leading hi-tech firms like Intel, Sanofi,Samsung, Schneider, Datalogic and Jabil.

The park has so far raked in nearly 45 billionUSD in total high technology production value. This figure is expected at 14billion USD in 2018 and over 20 billion USD by 2020.

The SHTP has established five laboratories andpublished more than 40 research articles on ISI journals and domesticmagazines. It has also had four intellectual property products announced andseven products commercialised. Its business incubator has supported 25 projectsto successfully commercialise their products, according to Quoc.-VNA
VNA

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