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Hoa Lac park hoped to become IT, biotechnology start-up centre

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 country’s science and technology capacity, Prime Minister Nguyen Xuan Phuc has said.
Hoa Lac park hoped to become IT, biotechnology start-up centre ảnh 1Prime Minister Nguyen Xuan Phuc visits a production facility of Vietnam Post and Telecommunication Industry Technology JSC at Hoa Lac Hi-Tech Park (Photo: VNA)
Hanoi (VNA) – The Government willissue a new decree on mechanisms for the Hoa Lac Hi-Tech Park, enabling it toplay an extremely important role in enhancing the country’s science andtechnology capacity, Prime Minister Nguyen Xuan Phuc has said.

The PM and other Government and ministry officials visited thepark on February 16.

Located in Thach That and Quoc Oai districts, Hanoi, on a land area of 1,586hectares, the Hoa Lac Hi-Tech Park is expected to become a science city hostinginvestors in biotechnology, information – communication, new materialtechnology, and automation.

Modern infrastructure is being built at the park using theState budget and the official development assistance (ODA) supported by theJapanese government.

According to the park’s management board, it has so farreceived 1,530 hectares of land out of the total 1,586 hectares. 

The park counts 78 valid investment projects, including nineforeign ones, with a total registered capital of over 60 trillion VND (2.68million USD), in the spheres of high technology, training, trade and services,and social infrastructure.

Thirty-six projects have been put into operation, involved by more than 10,000people.

The total import-export turnover was estimated at over 2.4billion USD in 2016.

FPT is currently the biggest investor of the park with twoprojects: FPT Software Village and FPT University.

After touring several infrastructural facilities and investment projects, the PMnoted the foremost task is to build a brand for the Hoa Lac Hi-Tech Park todraw investors.

He pointed out a raft of shortcomings facing the park,including few hi-tech projects in comparison with that in other industrial parksand snail-speed land clearance.

He asked the Park Management Board and the capital city ofHanoi to complete land clearance this year while entrusting the Ministry ofPlanning and Investment and the Ministry of Finance to report him a plan tosupplement capital for land clearance and technical infrastructure constructionat the park.

The PM tasked the Ministry of Science and Technology and the ManagementBoard to coordinate with Hanoi authorities along with the Vietnam Chamber ofCommerce and Industry, the Government Office, and the Ministry of Planning andInvestment to promote investment in the coming time, while ensuringenvironmental protection and sustainable development.

Apart from infrastructure investment, it is necessary to select and draw knowledge-intensivemanufacturing businesses to create high-quality and internationally-recognisedproducts, he advised.

The government leader also suggested persuading domesticscientists to seek technical solutions for pilot production.

Once in six months, the PM or Deputy PM will visit the parkto seek to remove difficulties arising during the process of implementing theproject, he added.

He expressed his hope that the Hoa Lac Hi-Tech Park will become an informationtechnology and biotechnology start-up centre in the country.-VNA



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