Saigon Hi-tech Park expects to lure about USD19 billion in 2020

Tuesday, 25/08/2020 11:27
The Saigon Hi-tech Park (SHTP) in Ho Chi Minh City has announced it expects to attract about USD19 billion in investment in 2020.

PM: Saigon Hi-tech Park must become regional Silicon Valley

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The value of hi-tech product is expected to reach 95% of the year's plan, contributing to the southern hub’s socio-economic stability and budget. Currently, businesses in the park are safe before the COVID-19 epidemic.

Ms. Le Thi Bich Loan, Deputy Head of the Management Board of SHTP, said that aiming to be active in investment attraction, the managers organized meetings with 26 investors, 11 of which are foreign investors.

Specifically, since the beginning of the year, the SHTP Labs has signed a cooperative agreement with the Korea Institute of Industrial Technology to form a Vietnam-Korea training centre at the park./.

BTA

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